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I am not sure govt will act to prevent cedi from depreciating to GHc18 per dollar – Currency Analyst

Currency Analyst Collins Appiah expressed confidence that the Ghanaian government would take steps to prevent the cedi from depreciating to GH¢18 against the US...

Cedi can be stabilized if you patronise domestic tourism – Dep. Finance Minister tells Ghanaians

Deputy Finance Minister Dr. Stephen Amoah has highlighted the importance of leveraging domestic tourism to stabilize the depreciating cedi. Addressing stakeholders at the GIPC Quarter...

Govt will take measures to prevent cedi from exceeding GHS18 to a dollar – Financial Analyst

Currency Analyst, Collins Appiah, asserts that the government will not passively watch as the Ghanaian cedi reaches GH¢18 against the US dollar. Various financial experts...

Cedi currently sold at GHS15.00 per US dollar

Today, on May 17, 2024, the Bank of Ghana's Interbank forex rates indicate that the Ghana Cedi's buying price against the dollar is 13.7641,...

Boosting local tourism can stabilize the cedi – Stephen Amoah

Deputy Finance Minister-designate, Dr. Stephen Amoah has called on stakeholders in the tourism industry to prioritize domestic tourism as a means to stabilize the...

Dollar could be sold at GHC20 by end of 2024 – Kofi Amoabeng

The founder of the defunct UT Bank and UT Holdings, Capt. Rtd. Prince Kofi Amoabeng, has forecasted that the local currency, the cedi, could...

Cedi is rapidly depreciating due to govt’s reckless fiscal decisions – Ato Forson

The Minority Leader, Dr. Cassiel Ato Forson, has contended that the government's financial decisions are significantly exacerbating the rapid depreciation of the Cedi. Both the...

Depreciation of cedi may impede IMF program – Ato Forson

The Minority Leader in Parliament, has voiced apprehensions regarding the government's management of the Ghanaian cedi, Dr. Cassiel Ato Forson, foreseeing potential disruption to...

Gold for Oil deal will be investigated by my gov’t – Mahama

John Dramani Mahama, the flagbearer of the National Democratic Congress (NDC), has pledged to investigate the government’s gold-for-oil policy if elected president. Mahama argues that...

Fortify the cedi’s value with our natural resources – IEA tells gov’t

The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, has urged the government to explore avenues for acquiring full...

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