Tag: Dollar

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 ...

The Ghana Stock Exchange (GSE) walked through a challenging terrain in 2023, marked by the notable depreciation of the cedi against the dollar. This currency fluctuation played a central role ...

The Ghanaian cedi, having demonstrated commendable stability throughout the majority of the year, is bracing for a marginal depreciation against the US dollar in the upcoming festive season, as indicated ...

A Bloomberg report has classified Ghana’s local currency – the cedi, among African currencies with the ‘worst Spot Returns’ despite recent strides made by the cedi against major currencies. According ...

Moody’s Investors Service has predicted that the American greenback will likely retain its crown despite all the challenges from the BRICS nations to unseat it from the thrown as the ...

Cocoa Market Report by the International Cocoa Organisation has established that the cocoa industry has recorded rescindment in farm-gate prices. Meanwhile, this rescindment in farm-gate prices is its second one ...

The Economist Intelligence Unit (EIU) report has predicted that the Ghanaian cedi will depreciate by 30 percent against the US dollar by the end of 2023. According to the UK-based ...

Gold prices climbed back above the $2,000 level on Tuesday, buoyed by a weaker dollar, while investors looked for more clarity on the U.S. Federal Reserve’s rate hike path. Spot ...

Mr. Kwabena Nyarko, a Financial Market Expert and the CEO of Pipliquidator Fx has waded into the debate of potential reasons for the cedi’s recent stability against major trading currencies, ...

The main proponents of the Gold-for-Oil program said the program will help address the country’s exchange rate problems; however, with the second consignment arriving last week, the cedi continues to ...