Tag: cedi stability

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 ...

The Bank of Ghana has intimated that the number of bids submitted at the recent forex sales declined to 110 bids worth US$98.15 million compared to 137 bids worth US$129.5 million recorded at the ...

Dr. Ernest Addison, the Governor of the Bank of Ghana, has predicted a stable cedi going forward in 2021 as measures have been put in place to strengthen the Ghanaian currency. The Ghana cedi weakened slightly edging down to 5.76 against the United States dollar to ...