Head Pastor of the International Central Gospel Church, Mensa Otabil says the seeming excitement of some Ghanaians over the stability of the local currency-The Cedi- against the major trading currencies, especially the Dollar is a sign of weak faith. According … Read more →
The Supreme Court has directed the Bank of Ghana (BoG) to submit in fourteen days their statement of case, in the current suit filed against it by a private legal practitioner, Dr John Ephraim Baiden, on the continuous depreciation of … Read more →
Head of Financial Stability at the Bank of Ghana, Mr Benjamin Amoah has said there is a slowdown in the depreciation of the Cedi, after measures by the Bank of Ghana (BOG) to halt it. The BOG introduced measures at … Read more →
Bankers have hailed the imminent trading of the Chinese Yuan as a move that will help ease demand for the US dollar in the country’s forex market. The value of the cedi, which has plummeted in recent times as a … Read more →
President John Dramani Mahama who is suffering the kitchen heat for the depreciation of the Ghana Cedi has via Facebook encouraged Ghanaians that he is still in the process of fixing it. In his lengthy status, The President uplifted Ghanaians … Read more →
Famous Nigerian Pastor, T.B. Joshua has asked Ghanaians to pray for the recovery of their local currency. He has also predicted frightening economic doom and downturn for Ghana. The cedi has drastically fallen in value against the dollar and other … Read more →