The Ghanaian cedi has appreciated against the United States dollar, with GHS15 . 25 buying rate per dollar and the selling ...
Ghana's local currency, the cedi, has recorded marginal gains against major trading currencies, particularly the US dollar, ...
Ghana's local currency, the cedi, has recorded marginal gains against major trading currencies, particularly the US dollar, at some forex bureaus.
The Bank of Ghana (BoG) has announced that the Ghanaian cedi depreciated by 19% as against the US dollar in 2024 .
Analysts attributed the relatively stable performance of the cedi against the dollar and euro to a reduction in speculative ...
As of January 17, 2025, the Ghana cedi had depreciated by 2.94% to the US dollar on the retail market, taking its ...
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Hosted on MSNCedi depreciation and its ripple effectsBy\xa0Samuel Lartey(Prof)sammylaatey@yahoo.comThe Ghanaian economy entered 2025 with a mixed bag of challenges and opportunities as the cedi continued its perennial battle against major trading ...
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Hosted on MSN16d
Stability of the cedi: challenges and solutionsHowever, sustained depreciation is likely without addressing the underlying drivers of currency instability. Medium to Long-term: The direction of the cedi will depend on Ghana’s ability to ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
Professional services firm Deloitte has cautioned the governments of Ghana and Nigeria about the risks posed by high inflation, mounting ...
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