The recent launch of the Ghana Gold Coin (GGC) by the Bank of Ghana (BoG) has stirred debate across financial and policy circles. This new initiative, introduced as part of ...
The Ghanaian cedi, already struggling with severe depreciation, faces additional pressures as the U.S. dollar strengthens amid Donald Trump’s early lead in the U.S. Presidential race. News of Trump’s prospective ...
Ms. Gifty Annor-Sika Asantewah, a Financial Market Analyst and the President of Women In Forex Ghana, has disclosed that the strengthening of the US dollar due to current economic dynamics ...
The pressure on the cedi's value has eased due to an increase in foreign exchange (FX) liquidity, especially in US dollars. This improvement follows the Bank of Ghana's significant intervention ...
In a sad development, the Ghanaian cedi has plunged to a new low- GH¢14 against the US dollar, intensifying concerns over the nation’s economic stability. The rapid depreciation has sent ...
The Ghanaian cedi’s performance against the US dollar has been under scrutiny, as it continues to lose value on the commercial forex market. Since the beginning of 2024 up to ...
The Ghanaian economy has been grappling with a concerning trend as the value of the cedi plummeted, crossing the GH¢13 mark against the US dollar. This continued depreciation of the ...
In the global economy, currency strength plays a pivotal role in shaping a nation’s economic trajectory. For African countries, possessing a robust currency signifies stability, attracts foreign investment, and enhances ...
Oil prices surged on Thursday, 8th February, 2024, fuelled by developments in the ongoing Gaza conflict and a declining dollar. Brent crude futures saw an increase of 0.4%, reaching $79.56 ...
The Central Bank’s January 2024 Summary of Economic and Financial Data disclosed that in the opening month of 2024, the Ghanaian Cedi faced a mixed bag of fortune in its ...
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