It continued that in the aftermath of the elections, the new government ... sentiments around the GHS [Ghana cedi] and allow for its stability”. The local currency ended 2024 with a depreciation ...

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This development would bolster investment sentiment around the GHS [Ghana cedi] and reduce speculative attacks on the currency,” the report stated. Post-election, the new government is expected ...

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When the cedi loses value against the dollar, Ghana must spend much more in its local currency to cover the same debt. For example, a debt amount that cost GHS 5.5 billion in 2019 would now cost ...

Sources: FactSet, Tullett Prebon Currencies: Currency quotes are updated in real-time. Sources: FactSet, Tullett Prebon Commodities & Futures: Futures prices are delayed at least 10 minutes as per ...

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.

Sources: FactSet, Tullett Prebon Currencies: Currency quotes are updated in real-time. Sources: FactSet, Tullett Prebon Commodities & Futures: Futures prices are delayed at least 10 minutes as per ...

Previously, the Bank of Ghana ordered that no business should charge for anything in any currency other ... $1500 since 2019. The cedi value is skyrocketing (from 6000 ghs to 22,500ghs now ...

The Institute for Economic Affairs (IEA) has emphasised that addressing Ghana’s currency depreciation requires sustainable ...

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