A surge in demand for dollars by companies settling import bills ahead of the festive season has wiped out the Ghanaian cedi’s strong run earlier this year, pushing it
Cedi@60 Launch Postponed
Sandra Thompson The Bank of Ghana (BoG) has postponed the national launch of the Cedi@60 anniversary celebrations, officially scheduled for today, Friday, August 8, 2025. In a statement issued
‘Forex Scarcity, Black Market Pressure Expose Cedi’
Kojo Oppong Nkrumah The Minority has challenged the government’s claims of currency stability, stating that the cedi remains under pressure and forex market distortions are worsening. While the Finance
GH¢71.6bn In Circulation – BoG
Dr. Johnson Asiama The total amount of money in circulation increased from GH₵44.5 billion in 2023 to GH₵71.6 billion as at December 2024, according to the Bank Of Ghana
Cedi Gains May Be Temporary Without Reforms – APL
Policy Research and Analyst Organisation, Africa Policy Lens (APL), has warned that the appreciation of the cedi could be short-lived if not supported by deeper structural reforms. The organisation
‘Ghanaians Must Enjoy From Cedi Appreciation’
Paul Apraku Twum Barimah The former Member of Parliament (MP) for Dormaa East, Paul Apraku Twum Barimah, has indicated that the ongoing stabilisation of the cedi must lead to
Cedi’s Performance Is Sustainable – BoG Governor
Dr. Johnson Asiama The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has assured the public that the outlook of the cedi will be sustainable, hence no
Ato Forson Hails GoldBod For Cedi Stabilisation
Dr. Ato Forson with members of the Ghana Gold Board The Minister of Finance, Dr. Cassiel Ato Forson, has praised the newly inaugurated Ghana Gold Board (GoldBod) for its
Cedi Depreciates Against US Dollar
The Ghana Cedi has depreciated by about 4.0% to the US dollar so far in 2025, the World Bank April 2025 Africa Pulse Report has revealed. This is an
Ghana Gold Coin To Shore Up Cedi
Dr. Ernest Addison – Governor of Bank of Ghana The Bank of Ghana (BoG) has launched the Ghana Gold Coin (GGC), a 99.99% pure gold coin, in a bid
Cedi Depreciation To Slow Down
The depreciation of the Ghana cedi is expected to slow down this week as demand pressure subsides. This is coming after the Bank of Ghana intervention in the forex
Ghana Currency To Be Upgraded- Fitch Announces
Fitch, a renowned rating agency, has announced its intention to assign a Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to Ghana once the country successfully negotiates and completes the
I Can’t Restore Cedi Value In 100 Days- Mahama
Flagbearer of the National Democratic Congress (NDC), John Dramani Mahama has denied a comment allegedly attributed to him that he will ensure the strength of the local currency within