Tag: US Dollar
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...
Business
FLASHBACK: The fight between the cedi and the dollar
The battle between the dollar and the cedi has gone on indefinitely because the dollar keeps rising while the cedi falls.The cedi has currently...
World
UK’s market rally could be due to a variety of factors minister says
More from Trade Minister Greg Hands, who says the rally in UK financial markets yesterday and this morning could be due to "a variety...
Business
Cedi to US dollar rate: Breaking the 8, racing to 10 and the new 11 factor
Some Ghanaians were unaware that the Ghana Cedi had now reached the GH11 mark to the US$1 mark when they awoke on Monday, October...
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 falls 40% to US dollar
For nine months this year, the cedi has lost 40.05% in value to the US dollar, according to data from Bloomberg. This makes the...
World
Conservative Treasury Committee Chair asked to open Kwarteng and Truss investigation
An investigation into "allegations of 'insider trading' before the recent collapse in the value of the pound against the US Dollar" is being pressed...
Business
Cedi ranked second worst-performing currency in the world – Bloomberg report
According to a Bloomberg analysis, the Ghana Cedi has the second-worst performance of any currency in the world, trailing only the Sri Lankan Rupee.The...
World
Chinese yuan: Exchange rate drops low against the US dollarUS dollar
The Chinese yuan has fallen to new record lows in relation to the rising US dollar.The yuan, which is traded worldwide, dropped to its...
Business
Market maintains weaker economic growth outlook
Market watchers are maintaining the forecast of weak near term growth, even though the Q2 economic results of 2022 exceeded projections.Provisional gross domestic product...