depreciation
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Cedi depreciation impact on inflation likely to continue – Government Statistician

November 10, 2022 The effect of the depreciation of the Ghana cedi on the rate of inflation is not likely to end anytime soon. According to Government Statistician, Professor Samuel Kobina Annim, the policy...

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November 10, 2022 / Comments (0)

BoG Governor confident of cedi’s stability in 2021 after 3.8% depreciation in 2020

January 5, 2021 Governor of the Bank of Ghana, Dr. Ernest Addison is confident the reserves it has amassed so far, coupled with other measures to be implemented by the government in 2021 should see the...

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January 5, 2021 / Comments (0)

Cedi performance in first half of the year is the best since 2014 – Dr Ebenezer Ashley

July 10, 2020 Economist and Business Consultant, Dr. Ebenezer Ashley has indicated that the Ghana cedi has recorded its all-time best performance for the first half of 2020 than the first six months of...

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July 10, 2020 / Comments (0)

New notes not threat to inflation – Economists

December 3, 2019 The introduction of the new high value denominations does not pose any threat to the country’s inflation rate, two economists have said. Although there have been some public concerns that...

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December 3, 2019 / Comments (0)

Cedi will regain strength in weeks — Finance Minister

March 14, 2019 The Minister of Finance, Mr Ken Ofori-Atta, has given an assurance that the cedi will begin to appreciate against the major currencies within the next two weeks. “The reversal will occur...

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March 14, 2019 / Comments (0)

Government to approve Downstream Petroleum Policy

September 28, 2018 The Deputy Minister for Energy,Dr.  Mohammed Amin Adam has stated that government will approve a Downstream Petroleum Financing Policy to address costly financing challenges hindering the...

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September 28, 2018 / Comments (0)

BoG To Check Dollarisation Of Economy_ … But Financial, Economic Analysts Mount Pressure To End Practice

September 27, 2018 With the surge in dollarisation of the economy where many goods and services are now being charged in dollars, the Bank of Ghana (BoG) has admitted to do more to prevent businesses from...

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September 27, 2018 / Comments (0)

Cedi records mix fortunes

June 19, 2018 The cedi rode on ill sentiments to advance against the British pound and the euro but softened against the US dollar in the holiday-shortened week. While the local currency gained 0.83 per...

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June 19, 2018 / Comments (0)