Tag: Exchange rate

The Ministry of Foreign Affairs and Regional Integration (MFA) has come under serious criticism from the public and some Members of Parliament from the NDC caucus for the 400% increment ...

Former Deputy Minister of Information, Mr. Felix Kwakye Ofosu, commenting on the continuous depreciation of the cedi has sarcastically remarked that the Vice President’s economic logic is ‘shrewd’. He stated ...

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 ...

Professor John Gatsi, the Dean of the University of Cape Coast (UCC) Business School, has challenged the notion that Ghana's current exchange rate stability of GHC12 to the dollar is ...

Finance minister, Ken Ofori-Atta, has confirmed that Ghana has completed its first review of the IMF programme. According to him, a lot of hard work has gone into it and ...

Energy expert, Dr Yussif Sulemana, has expressed the need for government to find sustainable ways of minimizing its dependence on the dollar. According to him, the move by the Bank ...

The Monetary Policy Committee (MPC) of the Bank of Ghana has announced its 113th Regular Meetings from Wednesday, July 19, 2023, to Friday, July 21, 2023. During the meeting, the ...

An energy expert, Dr Yussif Sulemana, has revealed that the increase in global oil prices may not have major impact at the pumps in the country so long as the ...

Vice President Dr Mahamudu Bawumia has explained that the most important aspect of Gold-for-Oil policy is not the reduction in fuel prices, but the savings Bank of Ghana (BoG) will make ...

Gifty Annor-Sika Asantewah, the President of Women in Forex Ghana and a Financial Market Analyst, has downplayed the current rapid appreciation of the Ghanaian cedi against major trading currencies noting ...