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Why can’t we transact business with our own currency? – Brazil president wants dollar ‘out’

Luiz Inacio Lula da Silva, president of Brazil, has backed Beijing's efforts to reduce the dominance of the US dollar in international trade by...

Cedi rises as oil prices reduce 

The Cedi gained against the dollar, climbing to 12.25 from 12.41 at last week’s close as FX demand eased amid a decline in oil...

Chamber of Automobile Dealership urges govt to maintain fix dollar rate for 6 months

To improve government revenue, the Chamber of Automobile Dealership Ghana (CADEG) is pleading with the government to keep the dollar rate stable for at least...

BoG to sell $200m to BDCs in first quarter of 2023

Bank of Ghana has announced that it will in a Forex Forward Auction sell a total of $200 million to Bulk Oil Distribution Companies...

It must be a win against the dollar’ – Wontumi reacts to controversial BMW chant

Bernard Antwi Boasiako, alias Chairman Wontumi, the New Patriotic Party's regional chairman for Ashanti, has cleared himself of charges that he violated the party's...

Cedi ranked 2nd weakest currency in Africa, 4th worst globally at end of 2022

With a year-to-date loss of 38.86% against the US dollar, the Ghana Cedi finished 2022 as the second-weakest currency on the African continent, according...

Cedi continues recent gains; 1$ now ¢9.2

The Ghana cedi continued its recent gains against the US dollar and the euro today, December 19, 2022. This is coming after recording its biggest...

A dollar trading a little over GH10 – BoG

Most recent data provided by the Bank of Ghana reveals that a dollar is selling at GH10.40. A dollar is however being bought for GH10.39. This...

Hallelujah, the economy is getting back on track! – Prince David Osei

Ghanaian actor, Prince David Osei, has expressed excitement over the gradual appreciation of the Ghana cedi against the dollar. As of Wednesday, December 14, 2022,...

Cedi to worsen against dollar in January 2023 – John Dumelo explains

Ghanaian farmer and politician, John Dumelo, has projected that Ghana will next year January return to a period where the cedi depreciates further against...

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