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Cedi continues rise against dollar

The Ghana cedi continued to rise steadily against the US dollar amidst the Bank of Ghana’s tight foreign exchange intervention. The regulator sold only $5...

Cedi to witness more pressure if current account deficit is not checked – World Bank

The World Bank has warned that the Ghana cedi may continue to come under pressure in 2023 against the U.S dollar if efforts are...

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...

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...

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...

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...

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...

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...

‘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...

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...

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