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Strengthening the Ghanaian cedi: Strategies and measures

As the Ghanaian cedi faces ongoing challenges, a multifaceted approach is essential to stabilize and strengthen the currency. Here are key measures that can...

Business

Cedi depreciation slows as foreign exchange demand declines

The Ghanaian cedi's steadiness against major foreign currencies is anticipated to persist this week, following a decline in demand for foreign exchange. The local currency...

News

Cedi to reach GHS15.91 per dollar by end of 2024 – IC Securities

Research firm IC Securities has forecasted that the Ghanaian Cedi will depreciate to GH¢15.91 against the US dollar by year-end. IC Securities attributed the revision...

News

Report projects cedi to reach GHS15.91 against dollar by end of 2024

Research firm, IC Securities has updated its end-2024 US dollar to Ghana cedi forecast to GH¢15.91/US$, from the earlier prediction of GH¢13.2/US$. This revision, according...

News

NPP can stabilize the cedi – General Secretary

The General Secretary of the New Patriotic Party (NPP), Justin Kodua Frimpong, has confidently stated that the NPP possesses the expertise and personnel required...

Business

Seven major economic sectors affected by cedi depreciation

The decline in the value of the local currency, the Cedi, is a major concern for both business owners and individuals, as it results...

News

Businesses will collapse if cedi depreciation is not checked now – GNCCI to Bawumia

Chief Executive Officer of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu-Aboagye, has expressed concerns about the potential impact of long-term...

News

Weakening of cedi is a ritual problem, you can’t blame NPP gov’t – Deputy Finance Minister

Deputy Minister for Finance, Dr. Stephen Amoah, has described the depreciation of the Ghanaian cedi as a chronic issue stemming from the country's import-driven...

News

Bawumia will introduce a long-term plan to check Cedi depreciation in 2025 – Stephen Amoah

Deputy Minister for Finance, Dr. Stephen Amoah, HAS assured that Vice President Dr. Mahamudu Bawumia, if elected, plans to develop a long-term strategy to...

News

Mahama has not said he will stablise the cedi in 100 days – Bawa Mogtari

The flagbearer of the National Democratic Congress (NDC) has firmly refuted claims that he pledged to stabilize the faltering local currency within 100 days...

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