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Cedi depreciated by 21.5% against the dollar as of August 25 – Amin Adam

The Ghanaian cedi has depreciated by 21.5% against the US dollar as of August 25, 2024, according to the Minister for Finance, Dr. Mohammed...

Business

Cedi depreciation continues; a dollar goes for GHC16

The Ghana Cedi has continued its downward trajectory, with the value of the Cedi now exceeding GH¢16 against the US Dollar in the retail...

Business

Ghana’s cedi continues to decline against major currencies

Ghana's cedi has been steadily declining against major trading currencies, particularly the US dollar, in recent times. As of Tuesday, August 27, 2024, at 10:00...

Business

A dollar goes for GHS15.97, £1 at GHS20.77

Ghana's local currency, the cedi, has recently experienced a sharper decline against major trading currencies, particularly the US dollar. As of Wednesday, August 21, 2024,...

Business

Cedi falls to GHS15.97 per dollar amidst continued depreciation

Ghana's local currency, the cedi, has recently seen a sharper depreciation against major trading currencies, particularly the US dollar. As of Tuesday, August 20, 2024,...

Business

Cedi weakens due to corporate demand, relatively stable with $10m support from BoG

The Ghana cedi experienced relative stability for most of last week, supported by a $10 million intervention from the Bank of Ghana in the...

News

Fuel prices expected to drop between 2% and 4% in August – IES

The Institute of Energy Security (IES) has forecast a decline in fuel prices for the first half of August, attributing this anticipated decrease to...

Business

Ghanaian cedi faces losses amid renewed corporate demand pressures

In the aftermath of a steady performance the week before, the Ghanaian cedi experienced declines last week due to renewed corporate demand pressures. The local...

News

Ghana Cedi continues depreciation spree as $1 hits GHC16

The Ghana cedi experienced significant depreciation last week due to increased corporate demand pressures, after maintaining stability the previous week, The local currency fell by...

News

BoG data shows cedi lost 19.5% value against dollar as of July

As of July 2024, the Ghana cedi has experienced a 19.6% depreciation against the US dollar on the interbank forex market, according to the...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

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