The Bank of Ghana (BoG) has launched the Ghana Gold Coin (GGC) to stabilise the cedi against major foreign currencies. It will also create alternate investments for Ghanaians. The GGC is a coin ...
The cedi, which has been under pressure throughout the year, recorded some relative stability in July this year, while inflationary pressures continued to decline. However, checks by GhanaWeb ...
The cedi, which has been under pressure throughout the year, recorded some relative stability in July this year, while inflationary pressures continued to decline. However, checks by GhanaWeb ...
The Ghanaian cedi’s more than 27% year-to-date depreciation against the dollar appears to be easing, as the upcoming U.S. Federal Reserve rate cut on September 18 could weaken the dollar, offering the ...
Bolgatanga Central lawmaker Isaac Adongo has said the Akufo-Addo administration is bereft of ideas on how to strengthen the Cedi. He projected the Cedi to hit 17 Cedis per Dollar soon. The Ghanaian ...
The country has also been hit by its currency, the cedi, depreciating against the US dollar. This is partly due to the strength of the dollar caused by increases in US interest rates, but the cedi ...