Tag: US Dollar
Business
Cedi appreciation: Something is fundamentally wrong – Asani Tanoh
Political analyst, Yaw Asani Tanoh has questioned the government's efforts in the stabilization of the cedi.The cedi is no more the worst-performing currency but...
Business
Cedi makes an unexpected recovery versus the dollar, rising 63%
Now that the Ghana cedi has seen a startling comeback versus the US dollar as of mid-December, rising by 63.7 percent, businesses and households...
Business
Fuel prices to go down from December 16
Beginning on Friday, December 16, 2022, the cost of petroleum goods will drop significantly, according to IES projections.The IES indicates that the expected fall...
Business
Bawumia clarifies that gold can be used to pay for oil-related products instead of dollars
Dr. Mahamudu Bawumia, the vice president of Ghana, has said that using gold instead of dollars to buy oil is not a step against...
Business
Ghana would and should accumulate more dollars as international reserves – Bawumia
Vice-President Dr Mahamudu Bawumia has stated that some analysts and commentators have misinterpreted Ghana’s stated policy of using gold reserves to pay for oil...
Headline
Playback: Kume Preko demonstration
Calls for President Akufo-Addo to resign as Ghana's president have become intense as hundreds of protestors thronged the streets of Accra.The aggrieved citizens clad...
Business
‘Your demand to peg salaries to US dollar untenable’ – VALCO to workers
The management of the Volta Aluminium Company (VALCO) has claimed that its employees want their pay tied to the dollar.This came about as a...
News
Cedi rising because of motion for censure against Finance Minister – Speaker
Speaker of Parliament Alban Bagbin says the Cedi has gained some value against the US dollar following moves in parliament to remove Ken Ofori-Atta...
Business
Chinese yuan falling due to concerns about Xi’s third term
The Chinese yuan fell to its lowest level in nearly 15 years on Tuesday as investors fled Chinese assets amid concerns about Xi Jinping's...
News
‘We’ve made good progress’ – IMF on Ghana’s support programme talks
The International Monetary Fund (IMF) team, led by Stéphane Roudet, have indicated that there has been good progress regarding Ghana's request for a financial...