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Business

Cedi sells at GH¢11 to 1 dollar at bureaus, BoG at GH¢9.63 as of October 8

On the Interbank forex rates from the Bank of Ghana on, October 7, 2022, the Ghana Cedi is trading against the dollar at a...
Business

Ghana Cedi is worst performing currency against US dollar – World Bank report

The Ghana Cedi has recently been experiencing rapid depreciation against major trading currencies, especially against the United States dollar. The woes of the national currency...
Business

Ghana Cedi is worst performing currency against US dollar – World Bank report

Recent months have seen a sharp devaluation of the Ghana cedi against major trading currencies, particularly the US dollar. A World Bank report designating the...
News

Ofori-Atta says Ghana’s economy is gradually improving despite shocks

In spite of recent devastating shocks, the economy of Ghana, according to Minister of Finance Ken Ofori-Atta, is growing only a little. “Overall, our growth...
Business

Wuru community rejects Ghana cedis

Due to the depreciation of the Ghana Cedi and other compelling considerations, the residents of Wuru, a poor hamlet in the Sissala East Municipality...
Business

Dollar sells at GH¢10.12 as of September 5

Information from Afriswap Bureau De Change, a forex bureau in Accra, indicates that the United States Dollar is selling at GH¢10.12. However, the dollar is...
Features

Restore the Ghana cedi to end economic woes

The value of a currency, in my opinion, is one of the important factors in determining the performance of an economy. It determines import...
Entertainment

‘Ghana sika sÉ›m ayÉ› basaa’ – King Promise on Cedi’s performance

King Promise has lamented the woeful performance of the Ghana cedi against the dollar, a situation that has resulted in a high cost of...
Business

Lawyer pushes for prosecution at BoG over management of cedi

A lawyer, Dr. John Baiden, is pushing for the Attorney General to cause prosecutions at the Bank of Ghana (BoG) over the perceived mismanagement...
Business

Bloomberg classifies cedi as worst of “Worst Spot Returns” of African currencies

The Ghana cedi has been classified as the worst of African currencies with the “Worst Spot Returns” by Bloomberg. Bloomberg pegs the depreciation of the...
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