At his first major media encounter on Wednesday, September 10, 2025, President John Dramani Mahama reassured Ghanaians that the cedi will only experience moderate depreciation of around 5% per annum ...
The Ghana cedi delivered a mixed performance against major trading currencies last week, reflecting both resilience and fragility in different market segments. On the retail front, the cedi appreciated modestly ...
Sammy Gyamfi, Acting Managing Director of the Precious Minerals Marketing Company (PMMC), has argued that attributing the recent strengthening of the cedi solely to Ghana’s gold reserves is misleading—if not ...
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has assured the public that the Ghanaian cedi has remained relatively stable against the US dollar since February 19, 2025. Despite ongoing pressures ...
The Ghanaian cedi has staged a strong recovery after experiencing a marginal depreciation against the US dollar previous weeks. The local currency began the week trading at GH¢15.40 to one ...
Consumers of petroleum products in Ghana can expect a marginal reduction in fuel prices at the pumps, according to energy strategist Dr. Yusuf Sulemana, the government must ensure the forex ...
Recently, the Bank of Ghana's recent eCedi pilot has reached a major milestone, recording GHS 473 million across over 96,000 transactions, marking an impressive leap for the country's digital currency ...
In a strategic move to mitigate uncertainties surrounding foreign exchange availability, fourteen Bulk Oil Distribution Companies (BDCs) in Ghana engaged in a significant transaction with the Bank of Ghana (BoG) ...
In a significant development, the Asokwa Circuit Court 2 in Kumasi has handed down convictions to two individuals associated with Senyah Poku Enterprise, an unlicensed foreign exchange bureau operating in ...
Market Experts who are known for monitoring the Forex (FX) markets and providing signals upon identifying trading opportunities have disclosed that Ghana is yet to tap into the US$7.5 billion ...
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