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Cedi depreciated by 14.2% as of May 2024

The Ghanaian cedi has depreciated by 14.2% as of May 2024, according to Finance Minister Dr. Mohammed Amin Adam. Despite this depreciation, Dr. Amin emphasized...

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The cedi is still strong – Finance Minister reacts to depreciation of local currency

Finance Minister, Dr. Mohammed Amin Adam, has responded to concerns about the recent depreciation of the Ghanaian cedi, stating that despite recent pressures, the...

News

The cedi is becoming weak like ‘kontomire’ – Ayawaso West Wuogon NDC Chair

The Chairman of the Ayawaso West Wuogon Constituency for the National Democratic Congress (NDC), Bismark Aborbi-Ayitey, has likened the fast-paced depreciation of the Ghana...

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Video: Man washes cedi notes with Azul tequila worth GHS15k

Some social media users have called for the apprehension of an individual depicted in a video pouring a bottle of Clase Azul Tequila onto...

News

Ghana cedi going for GHS15.30 to a $1

Today, May 22, 2024, the Interbank forex rates provided by the Bank of Ghana reveal that the Ghana Cedi is currently valued against the...

News

Cedi depreciation to increase cost of petroleum products – COPEC

The Chamber of Petroleum Consumers (COPEC) has alerted the public to anticipate higher fuel prices at the pumps in the coming weeks due to...

Business

Cedi sells at GHS15.15 to $1, BoG Interbank rate at GHS13.84

Today, May 21, 2024, the Bank of Ghana's Interbank forex rates reveal that the Ghana Cedi is trading against the dollar at a buying...

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Ghana cedi is close to collapsing – IEA

The Institute of Economic Affairs (IEA) has expressed concern about the ongoing instability of Ghana's currency, the Cedi. According to the IEA, the Cedi has...

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In Ghana we do everything wrong and expect the cedi alone to do the right thing – Prof Bokpin

Professor of Finance & Economist at the University of Ghana, Professor Godfred Bokpin, has expressed concerns about the depreciation of the country's currency. According to...

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You cannot prioritise securing new loans over fixing depreciating cedi – Ato Forson to gov’t

The Minority Leader, Dr. Cassiel Ato Forson, has criticized President Akufo-Addo for the emergency parliamentary session convened by the Majority caucus on Friday, May...

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

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