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GUTA president calls for a stable cedi

The President of the Ghana Union of Traders' Associations (GUTA), Dr. Joseph Obeng, stated that the association's main focus is on maintaining the stability...

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Intensified expenditure cuts will check cedi depreciation – Economist

Economist Dr. Ishmael Yamson has urged the Ghanaian government to consider expenditure cuts as an immediate measure to address the depreciation of the cedi. ...

Business

Ghana’s cedi continues to decline against major currencies, trading at GHS15.67 to $1

Ghana's currency, the cedi, continues to lose value relative to major foreign currencies, especially the US dollar. Reports received has it that the cedi is...

News

A dollar sells at GHC15.95 as cedi continues to stabilise

The Ghana cedi is anticipated to maintain stability against the US dollar this week, bolstered by enhanced foreign exchange (FX) liquidity and a slowdown...

News

Cedi depreciation: Will you give businessmen additional money to buy dollar? – Issac Adongo quizzes Finance Minister

Ranking Member on the Finance Committee of Parliament, Isaac Adongo, has responded emphatically to criticisms from Finance Minister Dr. Amin Adam regarding his recent...

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Cedi depreciation can also be largely attributed to speculation – Finance Minister

Finance Minister Dr. Mohammed Amin Adam has publicly criticized Bolgatanga Central Member of Parliament, Isaac Adongo, accusing him of advocating for the purchase of...

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Fall of Cedi to blame for increasing prices in Ghana – Cement Manufacturers

Producers of cement in Ghana attribute the rising prices of cement to the depreciation of the Cedi. Executive Secretary of the Cement Manufacturers Association...

Business

Ghana cedi to appreciate from tomorrow – Amin Adam confidently declares

The Minister for Finance, Dr. Amin Adam, has confidently predicted that the Ghana Cedi will rebound against the United States dollar, despite its recent...

News

Cedi depreciation slows as a dollar sells at GHS15.75

Last week witnessed a deceleration in the depreciation of the Ghana cedi against the US dollar, with a loss of 0.96% recorded in its...

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Cedi weakens amid $500m drop in cocoa export revenue

Galamsey, climate challenges, diseases, and smuggling activities have led to a drop in cocoa export revenue by over $500 million in the first quarter...

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