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Fitch downgrades Ghana’s creditworthiness to deeper junk status; assigns ‘Restricted Default’ to government bonds

February 15, 2023 International ratings agency, Fitch Ratings, has downgraded Ghana’s creditworthiness to further junk status. In its latest report on Ghana, it said “Fitch Ratings downgraded...

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February 15, 2023 / Comments (0)

Fitch reiterates position cedi will record strong performance in 2023

February 6, 2023 Fitch Solutions has reiterated that the Ghana cedi will record a strong performance against the US dollar in 2023. According to the UK based firm, this will come on the back of an expected...

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February 6, 2023 / Comments (0)

Fitch Solutions forecasts average inflation of 33.4% for Ghana in 2023

January 19, 2023 International research institution and market information firm, Fitch Solutions, has reiterated a disinflationary process for Ghana in 2023, forecasting an average inflation of 33.4%....

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January 19, 2023 / Comments (0)

Fitch Solutions predicts stronger cedi in 2023

December 15, 2022 According to its latest analysis of Ghana’s 2023 Economic Outlook, it said the likely programme from the International Monetary Fund (IMF) signals through investors that the government is...

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December 15, 2022 / Comments (0)

BoG to continue policy rate hiking cycle as part of IMF condition – Fitch Solutions

November 21, 2022 The Bank of Ghana will continue its policy rate hiking cycle, increasing the benchmark interest rate to 27% by the end of 2023. According to international research institution, Fitch...

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November 21, 2022 / Comments (0)

Country Risk Index: Ghana ranks 1st in West, Central Africa; but economic risk score deteriorates – Fitch Solutions

November 18, 2022 Ghana’s Country Risk of 53.1 ranks it as the best among five top West and Central African countries. According to Fitch Solutions Risk Index Table, Ghana’s Political Risk and...

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November 18, 2022 / Comments (0)

Outlook of cedi to depend on whether Ghana reaches IMF agreement – Fitch Solutions

November 18, 2022 The outlook of the Ghana cedi will depend on whether Ghana reaches an agreement with the International Monetary Fund (IMF) and obtain funding in the months ahead. According to Fitch...

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November 18, 2022 / Comments (0)