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This article sheds light on the strategic importance of CCIRS, focusing specifically on the USD-GHS currency pair, and ...
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.
Breaking News in Ghana, Ghana Sports News, Ghana News, News in Ghana, latest in ghana, Business in Ghana, Entertainment in Ghana , Top Stories, Headlines in Ghana, Politics in Ghana ...
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 ...
It further explained that the John Agyekum Kufour administration left the currency at GHS 1.20 to the US Dollar, but the John Evans Atta-Mills/Mahama administration failed to manage it as it should.
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 ...