Tag: Cedi

Cedi’s Appreciation Not a ‘Nine-Day Wonder’ — Dr Ato Forson Assures

Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has assured stakeholders that the recent appreciation of the Ghanaian cedi is...

Ghana cedi named world’s best-performing currency by Bloomberg

The Ghana cedi has been named the world’s best-performing currency this month, after appreciating nearly 16 per cent against...

Cedi troubles continue, depreciates 21% to dollar as one dollar goes for GH¢15.70

The Ghana cedi lost 3.88% in value to the US dollar last week on the spot market increasing its...

Ghana records 250 per cent cedi depreciation in eight years

The Trades Union Congress (TUC), says Ghana has recorded a 250 per cent depreciation in the cedi in the...

Bureaus sell $1 at GH¢14.15, GH¢13.18 on BoG interbank as of April 26

The Interbank forex rates from the Bank of Ghana today, April 26, 2024, have shown that the Ghana Cedi...

Bawumia Will Use Our Gold To Stabilise Cedi When Voted President – NPP assures

The governing New Patriotic Party (NPP) has assured that Vice President Dr Mahamudu Bawumia will use Ghana's gold to...

Cedi classified among ‘worst spot returns’ in Africa after 11.21% depreciation in half-year 2023 – Bloomberg

A recent Bloomberg report has classified the Ghanaian cedi among African currencies with the "Worst Spot Returns." Despite ending the...

IMF deal: Bloomberg ranks cedi as world’s best performer

The Ghanaian cedi has been ranked as the world's best performing currency. According to Bloomberg, the local currency outperformed all...