Depreciation of the cedi has been lower under NPP – Bawumia
NPP flagbearer, Dr Mahamudu Bawumia, has stated that the current strength of the cedi against the dollar demonstrates an improvement ...
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Tag: depreciation
Cedi ends 2023 with 15% depreciation rate against anchor currency
The Cedi experienced a challenging year in 2023, with its value against the US dollar reflecting a year-to-date depreciation of ...
Read moreCedi posts 22.5% depreciation against the dollar in September 2023 – BoG data
The Cedi recorded a depreciation rate of 22.5% against the US dollar. This marks a notable decrease of 15%
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Adongo fires Ofori-Atta: You ‘turned the corner’ with 40% inflation, 30% cedi depreciation?
MP for Bolgatanga Central Isaac Adongo expresses deep concerns over Ghana's worsening economic situation
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Cedi at risk of rapid depreciation without IMF bailout – Joe Jackson
Ghana’s currency, the cedi, is currently at the mercy of the International Monetary Fund (IMF), as the country seeks to ...
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BoG pegs cedi depreciation to dollar at 54%
The Bank of Ghana has pegged the rate of depreciation of the cedi to the dollar at 54.2% in almost ...
Read moreGov’t to inject some $2bn into economy to ‘arrest depreciation cedi’ – Oppong Nkrumah
The government is expected to inject some $2 billion into the Ghanaian economy shortly.
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Cedi regained due to policy rate hikes, reversal of regulatory reliefs – Addison
The Governor of the Bank of Ghana (BoG) Dr Ernest Addison, has said key measures were introduced to deal with the fall ...
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Public lectures and flawed analysis won’t solve cedi depreciation – Nii Moi Thompson
Former Director General of the National Development Planning Commission (NDPC), Dr. Nii Moi Thompson has urged the government to take ...
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Cedi depreciation: Some Forex bureaus, banks now sell a dollar at ¢8
Some forex bureaus and banks are now selling the local currency at ¢8 to one US dollar on the retail ...
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