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Ghanaian Cedi Hits New Low Against US Dollar, Surpassing GH¢16 in 2025
15 Jan 2025 18:12 GMT
Reports indicate that the Ghanaian cedi has hit a new milestone, … the currency market.
Data from cedirates.com reveals that some forex bureaus … dollar compared to the cedi. While the cedi had shown slight … 00 AM, the Bank of Ghana’s official rates placed the …
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Cedi sells at GH¢15.85 to US$1 at forex bureaus
16 Jan 2025 14:31 GMT
Ghana's local currency, the cedi, experienced marginal gains against major … particularly the dollar, at some forex bureaus from October 2024.
However … January 15, 2025, the cedi was trading at a buying … 19.70 at some major forex bureaus across the country.
…
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Ghana drops to 13th in Africa with lowest fuel price
16 Jan 2025 13:15 GMT
Ghana dropped three places to the … price.
According to GlobalPetrolPrices.com, Ghana’s average petrol price of … global crude and the recent cedi depreciation are the main drivers … the strength of the local currency.
“Ideally, things were going well …
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Ghana’s annual inflation rises by 80bps as prices of key food products spike
15 Jan 2025 16:51 GMT
… a bulletin released by the Ghana Statistical Service (GSS) … year.
Inflation and cedi depreciation
The Ghanaian cedi depreciated by 22. … 10 consecutive months, the cedi experienced a slow but … after the elections, the currency stabilized, returning to the …
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Cedi moves to sell above GH¢16 at major forex bureaus - Reports
15 Jan 2025 10:54 GMT
… at some forex bureaus.
Ghana's local currency, the cedi, experienced marginal … the dollar, at some forex bureaus from October 2024.
However … .70 at some major forex bureaus across the country. … ,000 now at forex bureaus. Contact forex bureaus using the link …
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Minister of Finance designate targets 8% cedi depreciation
14 Jan 2025 07:48 GMT
… restore confidence in the local currency.
Dr Forson outlined several … addressing the root causes of currency instability.
He assured the … against the dollar.
The Ghana cedi lost 0.48 per cent … as the Bank of Ghana’s daily forex auctions took a breather …
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My priority is stable Cedi, lower prices and Job creation for our people — Ato Forson
14 Jan 2025 10:37 GMT
… economic priorities as stabilizing the Ghanaian cedi, reducing the cost of … “My priority is a stable cedi, lower prices, and job … he said.
“A strong currency reflects a resilient economy, and … Ghana and other key stakeholders to achieve this goal. A stable cedi …
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Import substitution strategies in the 24-Hour Economy: A catalyst for Ghana’s practical economic growth
13 Jan 2025 23:12 GMT
… cedi became the world’s worst-performing currency in 2022 and Ghana … but underutilised infrastructure, Ghana has the potential to … -processing, and distribution.
Currency Stabilisation: Reducing the $13 … exchange, stabilising the Cedi.
Income Growth: Empowering …
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Ato Forson Pledges to Stabilize Cedi, Criticizes Previous Debt Management Practices
13 Jan 2025 15:37 GMT
… the Ghanaian cedi through improved coordination with the Bank of Ghana, … any depreciation of the cedi will directly impact the … harmony to stabilize the currency and prevent unnecessary shocks … addition to addressing the currency issue, Dr. Forson reaffirmed …
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I want to be remembered as the Finance Minister who reduced food prices, stabilised the cedi - Ato forson
13 Jan 2025 17:35 GMT
… on reducing inflation, stabilising the cedi, and creating jobs if … jobs.
On stabilising the cedi, Dr Ato Forson stressed … We cannot leave currency stabilisation to the Bank of Ghana alone,” he … who reduced prices, stabilised the cedi, and created jobs,” he …