We’ve put enough measures in place to stabilize cedi – BoG Governor

September 29, 2020 Governor of the Bank of Ghana, Dr. Ernest Addison has expressed confidence in the ability of the local currency to continue with its impressive streak of relative stability in the short to...

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September 29, 2020 / Comments (0)

BoG confident of stable cedi despite 2.4% depreciation

July 1, 2020 In spite of the annihilative impact of the coronavirus pandemic on the country’s local currency, making it record its highest depreciation against the US dollar since the beginning of the...

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July 1, 2020 / Comments (0)

Coronavirus: WHO halts trials of hydroxychloroquine over safety fears

May 27, 2020 Testing of the malaria drug hydroxychloroquine as a possible treatment for coronavirus has been halted because of safety fears, the World Health Organization (WHO) says. Trials in several...

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May 27, 2020 / Comments (0)

Dollarisation: BoG gets tough on companies pricing in foreign currency

February 27, 2020 The Bank of Ghana has embarked on an intensive exercise to issue final warning to companies and other organisations pricing and/or trading in foreign currency. The central bank in July 2019...

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February 27, 2020 / Comments (0)

Cedi woes resurfaces

July 5, 2018 Despite a strong start to the year, the local currency has come under intense pressure from the US dollar resurrecting the woes of the cedi against its major trading partners. Data from the...

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July 5, 2018 / Comments (0)