ALL POSTS FILED UNDER: GHANA CEDI
Ghana Cedi now world’s worst performing currency
Add a CommentGhana’s cedi slumped to become the world’s worst-performing currency this year as investors continued to squeeze foreign capital to the west African country before a deal with the International Monetary Fund. The currency of the world’s second-biggest cocoa producer depreciated … Read more →
Ghana Cedi declared worst performing currency worldwide by Bloomberg
Add a CommentAccording to Bloomberg, the Ghana Cedi is currently in tatters, haven depreciated by over GHC2 in the last week, compounding the ever-depreciating currency against major foreign currencies. “The Cedi fell 1.6% on Tuesday, August 16, extending this year’s slump to … Read more →
BoG rejects EIU projection Ghana cedi will hit ¢6 to the dollar
Add a CommentGovernor of the Bank of Ghana has downplayed projections from London based Economists Intelligence Unit (EIU) that the Ghana cedi could witness another round of serious depreciation in the coming months. Dr. Ernest Addison said, “I don’t think that these … Read more →
Ghana Cedi loses 44% value in 17 months
Add a CommentThe local currency continues to attain record lows on the back of its poor performance which began at the beginning of January 2014 – losing cumulatively about half of its value since then. The fall in the value of the … Read more →
Ghana Cedi is worst African currency
Add a CommentThe depreciation of the Ghana cedi has not improved nor stopped despite the $114.8 million injection into the Ghanaian economy by the International Monetary Fund (IMF) to shore up the local currency seven weeks ago. -Business Finder
Ghana Cedi down by 12.5%
Add a CommentWITH barely few days to end the first quarter of 2015, the Ghana Cedi has been ranked the second worst performing currency in the African continent, continuing what it left last year. According to renowned research institution, Ecobank Research, … Read more →
Archbishop Duncan-Williams says the falling Ghana Cedi is spiritual; commands it to rise
Add a CommentArchbishop Nicholas Duncan-Williams has spiritually “commanded” the falling cedi to “rise”. Leading his followers, in Church today (Sunday), to pray for the recovery of the fast depreciating local currency, the Presiding Bishop and General Overseer of the Christian Action Faith … Read more →
(Selorm) | 
(Nana Kwesi)