ALL POSTS FILED UNDER: CEDI
‘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 →
Cedi not among best performing currencies in Africa
Add a CommentDespite its relative stability this year, the Ghana cedi is not among the top 10 performing currencies in sub Saharan Africa, Business Finder’s checks reveal. This is also contrary to President Mahama’s assertion that the local currency which has lost … Read more →
Cedi to trade at GH¢4.10 against dollar
Add a CommentThe Ghana cedi could trade between GH¢3.97-4.10 to the US dollar in the next two months, Ecobank Research has predicted. In its latest Ghana Economic Strategic Report for Quarter 3, the renowned research institution based in London said the dollar … Read more →
Cedi falls against pound as UK votes to exit EU
Add a CommentGhana’s cedi suffered a slight loss against the pound after Britain voted to exit the EU on Thursday. While England voted overwhelmingly for BRexit, short form of British exit, Scotland and Northern Ireland backed Remain. London backed Remain but the … Read more →
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(Nana Kwesi)