The Cedi’s January Journey and the Shadows of 2023
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 ...
Tag: Euro
EIU Predicts the Cedi to Depreciate By 30% By the End of 2023
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 ...
Cedi Fails To Maintain Its Promising Outlook After Few Days Of Recovery
Just 17 days into the year, the Ghana cedi has depreciated by about 12.7% to the US dollar, bringing it back under immense pressure this month after sustained stability in December 2022. Not ...
A Fall In The Value of the Ghana Cedi Will Persist Until IMF Negotiation
Adverse sentiments around the ghana cedi will continue to persist until visibility of ongoing International Monetary Fund (IMF) negotiations. Databank Research has revealed that, the negative sentiments around the cedi ...
Unprecedented Set Of Sanctions Against Russia Have Material Costs To Ourselves – Christine Lagarde
President of the European Central Bank (ECB), Christine Lagarde, said the unprecedented sanctions levied against Russia for its unlawful invasion of Ukraine were meant to hit their target hard but ...
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