Economics and Business
Debt restructuring to weaken cedi; BoG partly to blame for cedi woes – JP Morgan
October 24, 2022
Debt restructuring to weaken cedi; BoG partly to blame for cedi woes – JP Morgan
Global leader in financial services and US firm, JP Morgan has warned that the probable debt restructuring of Ghana’s debt…
Cedi-Dollar ratio: There is cartel behind black market operations, let’s tackle them – GUTA Boss
October 21, 2022
Cedi-Dollar ratio: There is cartel behind black market operations, let’s tackle them – GUTA Boss
President of the Ghana Union of Traders Association (GUTA) Dr Joseph Obeng has indicated that there is a powerful association behind black…
Cedi depreciates further to ¢14.70 to a dollar
October 21, 2022
Cedi depreciates further to ¢14.70 to a dollar
The Ghana cedi lost further grounds this morning to trade at ¢14.70 to the dollar, quotations from the forex bureaus…
¢14.50 equals $1 as cedi depreciation continues
October 21, 2022
¢14.50 equals $1 as cedi depreciation continues
The Ghana cedi continued its free fall, losing value twice within a day to sell at ¢14.50 to one US…
Ghana should have signed up for Debt Service Suspension Initiative – World Bank President
October 20, 2022
Ghana should have signed up for Debt Service Suspension Initiative – World Bank President
The World Bank Group President, David Malpass, has expressed disappointment over Ghana and Nigeria’s decision not to sign up for…
Very soon there will be no Dollars in the market; Cedi will stabilize – Analyst
October 20, 2022
Very soon there will be no Dollars in the market; Cedi will stabilize – Analyst
The Cedi is going to stabilize soon, a financial analyst at the Dalex Finance, Mr Joe Jackson has said. Soon,…
Dialogue won’t resolve issues of GUTA, tackle fall of the Cedi – Nana Yaa Jantuah
October 20, 2022
Dialogue won’t resolve issues of GUTA, tackle fall of the Cedi – Nana Yaa Jantuah
General Secretary of the Convention People’s Party (CPP) Nana Yaa Akyempim Jantuah has asked the government to come out with…
Let’s not cannibalise on the situation-Prof Bokpin
October 20, 2022
Let’s not cannibalise on the situation-Prof Bokpin
An Economist, Professor Godfred Alufar Bokpin says the Ghanaian cedi is on course to exchange 15 to a dollar before…
$1 now sells for ¢13.75 as cedi suffers more depreciation
October 20, 2022
$1 now sells for ¢13.75 as cedi suffers more depreciation
The woes of the Ghana cedi continued as it depreciated further to about ¢13.75 to the US dollar less than…
Ghana’s only hope to stop cedi depreciation rests with IMF – US-based Professor of Finance
October 20, 2022
Ghana’s only hope to stop cedi depreciation rests with IMF – US-based Professor of Finance
Ghana’s only hope to stop the free fall of the cedi will depend on an announcement of an economic programme…