Last week, the Central Bank took proactive measures to stabilise the market by conducting targeted interventions.
Alan Kyerematen, Presidential candidate for Movement for Canage has pledged to stabilize the economy and reduce the exchange rate to below five cedis if elected as President.
The Ghanaian Cedi has appreciated in both the buying and selling rates against the United States dollar by 5 pesewas and 8 ...
Since the beginning of the year, the local currency has lost over 26% in value to the dollar, placing it among the three ...
What is your sentiment on USD/GHS?
The National Democratic Congress (NDC) flagbearer, has posed five-pointed questions for Vice President Dr Mahamudu Bawumia, the New Patriotic Party (NPP) presidential candidate for the 2024 elections, ...
The cedi has traded almost 1% lower against the dollar in the past month, after declining in value by almost 24% this year, according to Bloomberg.
The Ghanaian Cedi has appreciated in both the buying and selling rates against the United States dollar, rising by 2 pesewas ...
It has soared by more than 164% from its lowest level in 2021, making it one of the worst-performing currencies in Africa. USD/GHS weekly chart The Ghanaian cedi plunged after the country reached ...
Ghana’s currency appreciated a second day after the central bank sold dollars to the market to boost the cedi.
These are quoted in international convertible currencies such as dollars, euros, pounds sterling and among others. Once the CIF value is established, it is converted into Ghana Cedis at the ...
According to Bloomberg, the cedi has traded almost 1% lower against the dollar in the past month after declining in value by almost 24% this year.