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A dollar goes for GHS15.00 at forex, GHS19.70 for £1 at major forex bureaus

Today's Interbank forex rates from the Bank of Ghana, dated May 27, 2024, indicate that the Ghana Cedi is currently trading against the dollar...

Business

John Mahama vows to restore cedi within 100 days when he becomes president

Presidential Candidate of the National Democratic Congress (NDC), John Dramani Mahama, has pledged to bolster the local currency's stability within his first 100 days...

News

Ghana Federation of Traders threaten demo over cedi depreciation

The Ghana Federation of Traders, comprising all trade union associations, has urgently appealed to the government to take immediate steps to reduce the exchange...

News

Assume responsibility and stop blaming others for cedi depreciation – Economist tells Finance Minister

Economist Prof. John Gatsi has reacted to the government's response to the decline in the value of the country's local currency. He criticized Finance Minister...

News

Govt manipulated Cedi depreciation figures for 2023 – Finance expert

Finance expert, Joe Jackson has challenged the government's reported figures concerning the depreciation of the cedi against major trading currencies in 2023. During a press...

Business

Cedi has experienced a 14.2% depreciation in 2024 – Amin Adam

Finance Minister, Dr. Mohammed Amin Adam has indicated that the depreciation of the Cedi has been considerably stabilized from November 2022 to December 2023...

Business

Cedi will be stable in medium-term after completion of DDEP – Finance minister

Finance Minister Dr. Mohammed Amin Adam has noted that the Ghana Cedi has experienced appreciation and maintained stability against the US dollar throughout 2024...

Headline

Dollar’s strength, seasonal demand for forex, payment of contractors: Gov’t’s reasons for cedi depreciation

The government has revealed why the value of the Ghana cedi has been weakening in recent times. Engaging the press today, Minister for Finance, Dr....

News

Netizens in shock as woman buys a carton of eggs for GHC1.80 in Nigeria

Some netizens on X platform are reacting to a list of grocery items a woman in Nigeria got to purchase with GHC240. In a video,...

Business

Cedi is still fairly robust – Finance Minister

Finance Minister Mohammed Amin Adam has reassured the public about the cedi's resilience despite recent depreciation trends. During the Ministry’s monthly economic update, he emphasized...

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

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