Tag: Exchange rate

The CEO expressed optimism that the trend may continue, providing further relief to both households and businesses dependent on fuel.

As cedi appreciation continues to shape Ghana’s economic landscape, Dr. Joseph Obeng, President of the Ghana Union of Traders Association (GUTA), has made a compelling case for traders to reduce ...

The political heat surrounding Ghana’s exchange rate just got hotter, and it's not because of global markets.  At the center of the storm are two familiar faces—Sammy Gyamfi of the ...

Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has firmly dismissed suggestions that the recent appreciation of the Ghanaian cedi is a temporary phenomenon. In a strong defence, Dr Forson stressed ...

Fitch Solutions, a UK-based economic research and risk analysis firm, has reaffirmed its 2025 Gross Domestic Product (GDP) growth forecast for Ghana at 4.2%. This projection slightly exceeds estimates from ...

The Ghanaian cedi continues its slide against the US dollar, with financial analysts projecting a challenging year for the local currency. Financial Market Expert and President of Women in Forex ...

According to the 2024 United Nations report on Unpacking Africa’s Debt, over 80% of Ghana’s external debt is denominated in US dollars, making the country highly susceptible to exchange rate ...

The price of Liquefied Petroleum Gas (LPG) in the local market is expected to rise by approximately 3% per kilogram in the coming days, influenced by rising international market prices, ...

The Ghanaian cedi showed notable resilience in the forex market last week, gaining 1.44% against the US dollar to trade at GH¢15.58 on the retail market. This positive performance reflects ...

As Ghana positions itself as a modern economic hub in West Africa, it faces a significant hurdle: an unreliable power distribution sector that hampers both industrial and residential progress.   ...