Tag: Ghana cedi
Business
Ghana’s Cedi now selling at GHS17.00 a dollar
Ghana's local currency continues to face ongoing depreciation against major currencies, including the US dollar.The cedi has been under pressure throughout the year but...
Business
Bawumia proposes gold-backed exchange rate system to stabilize Cedi
Vice President Dr. Mahamudu Bawumia has revealed his plan to implement a new exchange rate system that would tie the Ghana cedi to gold.He...
Business
Ghana cedi ranked as 4th-worst performing currency globally – Report
Ghana's local currency continues to depreciate against major foreign currencies, particularly the US dollar.As of Monday, July 22, 2024, at 8:00 AM, the media...
Business
Time Value: GHC1000 in 2021 is worth GHC450 now – Report
A recent analysis by the 3News Research Desk has highlighted the significant impact of inflation on the purchasing power of the Ghanaian cedi.According...
Business
Ghana cedi set to strengthen with increased foreign exchange inflows
The Ghana cedi will receive a much-needed foreign exchange buffer in the short term due to substantial inflows.This follows several measures announced by the...
Business
Currency printing: BoG spent GHS 675.4m – Report
Bank of Ghana (BoG) provided its 2023 Annual Report and Financial Statement, which shows that the bank's currency printing expenses in 2023 totaled GH¢675.4...
News
I can give life to the Cedi again – Alan
The depreciation of the cedi, according to independent presidential candidate Alan John Kwadwo Kyeremanten, is the result of systemic failure and a loss of...
Business
Ghanaians to pay more utility tariffs effective July 1
Starting July 1, 2024, household and industrial consumers will see an increase in utility tariffs for electricity and water, following the Public Utilities Regulatory...
Business
A dollar goes for GHS15.00 at forex, BoG interbank rate at GHS14.02
Today, May 29, 2024, the Interbank forex rates released by the Bank of Ghana indicate that the Ghana Cedi is trading against the dollar...
Business
Cedi trades at GHS15.15 per dollar at forex bureaus
Today, May 20, 2024, according to the Bank of Ghana's Interbank forex rates, the Ghana Cedi is trading against the dollar at a buying...
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