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Ghana Cedi Depreciation: Importer fingers banks; here is why

The Executive Secretary to the Importers and Exporters Association of Ghana, believes the Central Bank of Ghana is gradually losing control over the activities of...

Cedi depreciation: Too late for political jabs – Information Minister tells Minority

The Information Minister, Kojo Oppong-Nkrumah has described as...

Cedi depreciation: Bakers increase prices of bread, other baked products [Audio]

The unending depreciation of the cedi is not...

Cedi depreciation: we have fixed the fundamentals – Oppong Nkrumah

Minister of Information designate, Kwadwo Oppong Nkrumah says the government has fixed the fundamentals of the economy to sustain the strength of the cedi. According...

AUDIO: Kennedy Agyapong reacts to cedi depreciation

Member of Parliament for Assin Central, Kennedy Ohene Agyapong has blamed the depreciation of the cedi on poor policy direction under the John Mahama-led...

Mahama asks Bawumia difficult question over cedi depreciation

Former president John Mahama appears to have teased vice president Dr. Mahamudu Bawumia over the depreciation of the Ghana Cedi against the dollar in...

Cedi depreciates 21.7% to dollar in May 2023 – BoG

The Ghana cedi lost about 21.7% in value to the US dollar on the interbank forex market as of May 2023, the...

Cedi to depreciate 30% to dollar in 2023 – EIU

The Economist Intelligence Unit (EIU) is predicting a 30% depreciation of the cedi to the dollar in 2023. This...

Cedi loses marginal grounds against dollar

After two sustained weeks of improvement in value, the cedi begun this week on a depreciation trajectory. It lost...

Cedi weakens by 20% to dollar so far in 2023 – World Bank

The World Bank says the Ghana cedi has weakened by 20% to the dollar so far in 2023. In...

Cedi starts week on strong note; $1 now ¢12.25

The Ghana cedi started this week on a strong note gaining some grounds against the US dollar in the retail or forex...

Cedi depreciates by 22.1% in March 2023 – BoG

The Bank of Ghana (BoG) has put the depreciation of the cedi to the dollar at 22.1% as of March 2023.

Cedi falls, $1 now ¢12.90

The recent gains by the Ghana cedi has come to a halt as the local currency lost some stability to the US...

Cedi chases dollar, ¢1 now ¢12.50

The Ghana cedi continued its marginal improvement against the US dollar today February 3, 2023, selling at ¢12.50. This...

Cedi continues stability against dollar; 1$ equals ¢12.60

The Ghana cedi continued its good running against the US dollar for almost two weeks as it sold at ¢12.60 to one...

Cedi loses 5.01% value to dollar since January 1, 2023

The Ghana cedi has lost about 5.01% value to the US dollar on the forex or retail market since January 1, 2023.

Some politicians to blame for cedi woes – kofi Amoabeng

Former Chief Executive Officer of defunct UT Bank, Prince Kofi Amoabeng, has taken a swipe at some Ghanaian politicians for contributing to...
Cedi and dollar

Cedi losing stability against the dollar

The Ghana cedi is losing it's appreciation against the dollar months after recording relative stability in the retail market.

Cedi records relative stability; going for ¢11.50 to a dollar in retail market

The Ghana cedi has recorded relative stability to the dollar and all the other major currencies this yuletide period.

Cedi to depreciate by about 22% in 2023 – EIU

UK based Economist Intelligence Unit (EIU)is predicting about 22% depreciation of the cedi to the dollar in 2023. This...

Finance Minister calls for stakeholder support to sustain cedi rebound

Ken Ofori-Atta has called on all stakeholders, including parliament, to work collectively and support government to sustain the recent gains of the...

Cedi appreciation not by chance – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has stated that the appreciation of the cedi against all major trading currencies is a result of...

Why Ghana Cedi is performing against the US Dollar in December – John Dumelo

Ghanaian farmer and politician, John Dumelo, has taken to Twitter to give out reasons why the Ghanaian Cedi is performing best against...

Adjust prices to reflect appreciation of Cedi – GUTA to business community

The Ghana Union of Traders' Association (GUTA) has appealed to the business community for a reduction in...

Ghana Cedi: From worst to best performer against dollar

Ghana cedi has been tagged by Bloomberg as the best performing currency against the US dollar this week. After...

Cedi strengthens in value against dollar; 1$ now ¢13.70

 The Ghana cedi strengthened in value against the dollar almost a day after the government launched the Debt Exchange Programme.
cedi

Cedi loses 53.8% of its value as govt adds GH¢93bn debt in 2022

Ghana’s Cedi has declined by 53.8% in value against major currencies, since the beginning of 2022, Finance Minister Ken Ofori-Atta has said.

Govt committed to stabilising cedi – Finance Minister

Finance Minister, Ken Ofori-Atta, has reiterated government’s commitment to stabilising the Ghana cedi by the end of the year.
cedi

Cedi depreciates after recent gains; $1 equals ¢14.20

After ending last week with a marginal appreciation, the Ghana cedi has returned to a depreciation trajectory. The cedi...

Cedi strengthens again to the dollar; one dollar now ¢13.60

The rate of depreciation of the cedi slowed down for three days running as the local currency is now going for ¢13.60...
Gabby Otchere-Darko

Talking down the cedi in the media does not help – Gabby

A leading member of the New Patriotic Party (NPP), Gabby Asare Otchere-Darko, has urged the media to desist from fuelling speculation about...

Why cedi is depreciating – Finance Minister explains

The Minister of Finance, Ken Ofori-Atta, has urged Ghanaians to not panic or put further pressure on the cedi as the currency...

Cedi hits ¢12.10 to a dollar

The Ghana cedi has breached the ¢12 mark within just a week, selling at ¢12.10 at most forex bureaus or the retail...

Cedi ranked second worst-performing currency in the world – Bloomberg

The Ghana cedi lost 40.05% in value to the US dollar in nine months of 2022, ranking it as the second worst...
cedi

Cedi tagged the worst performing currency worldwide by Bloomberg

A recent currency performance ranking by Bloomberg has classified the Cedi as the worst-performing currency across the globe. Bloomberg...

Govt’s industrialisation agenda not feasible without stable cedi – Manufacturers

Government’s industrialisation agenda is likely to face a number of challenges if issues confronting the cedi is not addressed.

Cedi loses 19.2% value to dollar in almost 7 months of 2022 – BoG

The cedi lost 19.2% in value to the US dollar in almost seven months of 2022. According to the...

Cedi records 1.20% appreciation to dollar

The cedi appears to be responding to the increment in the Policy Rate by 2.5 percentage points to 17% and other actions...

Cedi depreciates 14.5% to dollar so far in 2022 – BoG

The Ghana cedi has so far in 2022 depreciated by about 14.6% to the US dollar, the Bank of Ghana has disclosed.

Ghana Cedi not depreciating; it’s US dollar appreciating rather – Banker

A chartered banker has discounted reports that the Ghana cedi is now the worst-performing currency in Africa. Eric Nii...