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Cedi sells at GH¢16.00 to $1 at some forex bureaus
21 Apr 2025 15:23 GMT
Ghana's local currency, the cedi, has experienced marginal losses against … Central Bank noted that the cedi was trading at a buying … on CediRates indicate that the cedi is trading at GH¢16 … 21.30 at some major forex bureaus across the country.
Additionally …
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Ghana’s T-Bill Auction Misses Target Amid Investor Caution
21 Apr 2025 10:48 GMT
… participation.
The Bank of Ghana’s latest auction report … However, the Bank of Ghana has reportedly expressed unease over … demand for forex, further straining the local currency amid ongoing … the cedi’s performance, which remain critical to shaping Ghana’s …
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Mahama Proposes Financial Overhaul, 24-Hour Economy Plan to Revive Ghana’s Growth
19 Apr 2025 18:56 GMT
… Business Forum, targeting Ghana’s financial sector restructuring … persistent challenges like inflation, currency volatility, and debt but … deficits and stabilize the cedi. While SMEs welcome … global economic headwinds. As Ghana eyes sustainable growth, …
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Inflation currently easing, Cedi stabilising — President Mahama
19 Apr 2025 14:35 GMT
… marginal appreciation of the Ghana cedi against major foreign currencies … cedi.
Still, the inflation rate remains well above the Bank of Ghana … is currently easing and the currency is stabilising.”
Mr. … stating, “The future of Ghana must be digital, green and …
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Ghana Forex Bureaus Urge Central Bank to Embrace Digital Reform
19 Apr 2025 11:52 GMT
… Ghana Association of Forex Bureaux (GAFORB) is pressing the Bank of Ghana … licensed forex … forex activities, which undermine Ghana’s efforts to stabilize its currency … Ghana’s forex sector has faced mounting scrutiny amid economic challenges, including cedi …
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Ghana, Nigeria face upside risks to inflation outlook – Deloitte
17 Apr 2025 20:57 GMT
… countries through imported inflation.
In Ghana, it said “New US … naira, driven by persistent forex demand and potential capital flight … fuel prices in Ghana and Nigeria
Ghana’s inflation declined … by the stability of the Cedi.
However, the disinflation is …
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The Ripple Effects of Chinese Port Closures on Ghana's Economy
17 Apr 2025 09:11 GMT
… Exchange Rates
The Ghanaian cedi has been under pressure … yuan and the Ghanaian cedi has shown fluctuations, … technology and infrastructure, Ghana can enhance productivity … Strengthening Currency Reserves: To mitigate exchange rate volatility, Ghana can …
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Positive Update for Ghanaians as Fuel Prices Experience Significant Decrease
17 Apr 2025 09:29 GMT
… 2025, attributed to the Ghanaian cedi’s performance and changes … 0.51% respectively. The Ghanaian cedi’s recent appreciation against the … on global oil prices, currency strength, and market conditions. … to navigate complex challenges, Ghana’s fuel prices will …
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Revwit: Ex-Interswitch and Microsoft Employees are Building B2B Sales Assistant for Africa
16 Apr 2025 17:07 GMT
… soon support the Kenyan Shilling, Ghanaian Cedi, and South African Rand. It …
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Energy expert warns new electricity tariffs could fuel unemployment
21 Apr 2025 09:27 GMT
… Nsiah, has cautioned that Ghana’s recent electricity tariff hike … to the depreciation of the cedi, rising inflation, higher fuel … within the depreciation of the currency, so factoring it again … prompts the Bank of Ghana to implement monetary tightening …