Tag: dollar
News
What did I say that is not true? Where is the dollar – Adongo asks 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...
News
Fuel prices to increase by 2.17% from July 1 – COPEC
Chamber for Petroleum Consumers (COPEC) has projected an increase in fuel prices for the first pricing window of July 2024, citing factors such as...
Business
Record low for Ghana’s cedi due to surge in dollar demand for imports
Ghana's cedi fell to a record low as businesses increased their demand for dollars to import fuel, pharmaceuticals, and other fast-moving consumer goods.The currency...
Business
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...
Business
Cedi will stabilize, don’t rush in buying dollars – Afenyo-Markin to business community
The Majority Leader in Parliament, Alexander Kwamina Afenyo-Markin, has advised the Ghanaian business community against hastily converting their cedis to US dollars.Addressing the media...
Business
How Bank of Ghana spent GHS8.3bn control interest rate but failed
The Bank of Ghana (BoG) is still struggling to convince Ghanaians o the costs associated with its open market operations, which significantly contributed to...
Business
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
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...
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
Video of Cheddar paying barber who flew from Ghana to US to trim his hair pops up
As Ghana readies itself for the December polls, netizens continue to bring up controversial videos of the presidential aspirants.An old video of the leader...
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