ALL POSTS FILED UNDER: CEDI
Cedi depreciation is a disguised blessing
Add a CommentFor some time now, our airwaves, print and even social media seem to have had a respite on the issue of cedi depreciation and rising exchange rates. Experts and politician alike also have had same recession on the topic. But … Read more →
Cedi depreciates 1.83% in Q3
Add a CommentTHE cedi depreciated by some 1.83 per cent to the US dollar from July 1 to September 31, 2019, representing a relatively stable quarterly performance by local currency. The currency had collectively lost about 9.0 per cent in value in … Read more →
Cedi will regain strength in weeks — Ofori-Atta
Add a CommentThe Minister of Finance, Mr Ken Ofori-Atta, has given an assurance that the cedi will begin to appreciate against the major currencies within the next two weeks. “The reversal will occur and it is going to be pretty stable,” Mr … Read more →
‘Cedi to end year at GH¢4.21 to dollar’
Add a CommentThe local currency could end the year 2018 at GH¢4.42 against the US dollar, about 0.67 percent appreciation to the American currency, BMI, the research arm of ratings agency, Fitch’s 2018 analysis of the Ghanaian economy indicates. The Ghana cedi … Read more →
Cedi to continue good run against dollar
Add a CommentThe local currency is expected to continue its trend of appreciation against the US dollar after making some modest gains against the American green back last week. The cedi remained unchanged at 0 percent against the American dollar, and according … Read more →
Cedi to appreciate against dollar for the rest of 2017 – Fitch
1 CommentTHE local currency, the cedi, is expected to strengthen against the US dollar for the rest of the year as economic growth outperforms earlier estimates, BMI, the research outfit of ratings agency Fitch has predicted. It is therefore projecting an … Read more →
Cedi gains on forex inflows
Add a Comment-Traded at GHc4.56to the dollar by mid-morning yesterday THE gains the Cedi made this week is expected to continue next week as forex inflows improve amid lower import demands on the currency. After touching record lows of GHc4.7 to the … Read more →
It’s not true that budget doesn’t say anything about the Cedi – Kojo Oppong Nkrumah
Add a CommentNew Patriotic Party (NPP) Member of Parliament for Ofoase-Ayirebi, Kojo Oppong-Nkrumah, has rubbished claims that Akufo-Addo administration’s maiden budget statement did not have plans to tackle the depreciating Cedi. He asserted that, the government did indeed proposed clear policies, anchored … Read more →
Cedi ends January with 2.80 % depreciation rate
Add a CommentTHE Ghana Cedi ended the first month of 2017 with a depreciation rate of 2.80 percent against the US dollar, according to investment bank, Frontline Capital Advisors. Among six African currencies that were captured by thecapital advisors, the cedi, the … Read more →
There’s more dollars to stabilize cedi – Bank of Ghana
Add a CommentGovernor of the Bank of Ghana (BoG), Dr Abdul Nashiru Issahaku is asking businesses not to panic over the current challenges facing the cedi. The local currency over the past three weeks has witnessed some consistent decline in value with the … Read more →
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(Nana Kwesi)