Dr. Ernest Addison The Bank of Ghana (BoG) has stated that it has adequate reserves to manage shocks to the foreign exchange market, having added over US$600 million to
Cedi To Continue Stability Against Dollar
The Cedi is expected to continue its stability against the US dollar this week. The cedi opened the week at a mid-rate of ¢11.33 to a dollar and traded
Cedi Strengthens Against Dollar
Ken Ofori-Atta THE GHANA Cedi has taken a commanding lead, occupying the slot of the world’s best performing currency against the dollar, Bloomberg has reported. According to the media company headquartered in
Debt Swap Plan Kayoes Dollar, Strengthens Cedi
Ken Ofori-Atta, Finance Minister THE CEDI has continued gaining strength against the US dollar with the introduction of Government’s debt swap plan. At the time of going to press
Cedi Loses 7% Value To Dollar
THE CEDI lost a little over 7% in value to the US dollar in the first month of the third quarter of 2022. This has taken the year-to-date depreciation
Cedi Loses 19.2% To Dollar – BoG
THE BANK of Ghana (BoG) has disclosed that the cedi lost 19.2 per cent in value to the US dollar in almost seven months of 2022. According to the
Cedi Maintains Stability Against Dollar
The local currency THE GHANA Cedi remained unchanged this week, trading at 5.95 to the dollar, arresting its recent slide against the greenback. According to AZA Finance, a fintech that