Tag: Cedi Stabilization

The Importers and Exporters Association of Ghana (IEAG) has lauded the Bank of Ghana (BoG) for its bold and strategic decision to inject US$1.15 billion into the foreign exchange market ...

The Bank of Ghana (BoG) has announced plans to inject USD 1.15 billion into the foreign exchange (FX) market this month in an aggressive bid to stabilize the local currency ...

In a decisive move to reclaim Ghana’s gold wealth from the grips of illegal trade and boost the country’s foreign reserves, President John Dramani Mahama has formally inaugurated the Ghana ...

Ghana’s Parliament has officially passed the GoldBod Bill, a landmark legislation aimed at transforming the country’s gold industry by regulating operations, stabilizing the cedi, and maximising revenues from gold exports. ...

The Ghanaian economy, like many in sub-Saharan Africa, has faced significant challenges with currency depreciation in recent years. The persistent devaluation of the Cedi has impacted inflation, debt management, and ...