Tag: cedi stability

Ghana’s Gold Reserves Hit 34.40 Tonnes in July, Boosting Economic Stability

Finance Minister Dr. Cassiel Ato Forson has received widespread commendation for what is being described as a marked departure from the symbolic and controversial leadership of his predecessor, Ken Ofori-Atta. ...

President John Dramani Mahama has disclosed a significant leap in Ghana’s economic trajectory, announcing that the country’s international reserves have surged to six months of import cover. This marks a ...

Dr. Kwabena Donkor discusses fuel price stability, the impact of the cedi, and government policy adjustments amid global oil market volatility.

Deloitte West Africa has projected that Ghana is likely to witness a sustained decline in inflation, provided the country maintains fiscal discipline, tightens monetary policy, and ensures the stability of ...

Some economists and politicians have argued that the stability of the Ghanaian cedi relies more on external factors than on any significant government policy.  As a result, they believe it ...

The recent rally of the Ghanaian cedi has been attributed to a solid foundation of organically accumulated, non-debt-creating reserves, according to the First Deputy Governor of the Bank of Ghana ...

Sampson Addae, an energy expert at the Chamber of Petroleum Consumers Ghana (COPEC), has urged the Ministry of Transport to hold thorough engagements with the Ghana Private Road Transport Union ...

The Institute for Statistical, Social, and Economic Research (ISSER) has urged the Ghanaian government and relevant stakeholders to adopt a more rigorous exchange rate management framework to sustain the recent ...

The demand for United States (US) dollars has declined considerably at the recent bi-weekly forward forex auction. Also, this happens to be the lowest bid turnout since the start of ...