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Bloomberg ranks Ghana cedi as the best performing currency as of April 2025

The Ghana cedi has been ranked as the best-performing currency globally for the month of April 2025, appreciating nearly 16% against the US dollar,...

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...

News

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...

News

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...

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

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

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