Tag: Ghana Cedi

OMCs in Ghana reduce fuel prices due to competition and strong cedi, but warn of potential 10–20% hikes in July if Israel-Iran tensions persist.

Fitch Solutions, along with Absa Bank, had initially forecasted that the Ghanaian cedi would close 2025 at GHS 15 to the US dollar. However, in a recent revision, Fitch has ...

Ghana reduces transport fares by 15% as falling fuel prices and a stronger cedi ease import costs.

The Bank of Ghana (BoG) has taken a decisive step towards strengthening its monetary policy formulation by appointing three eminent economists as advisors to the Monetary Policy Committee (MPC). The ...

Goldbod CEO Sammy Gyamfi has directly attributed the sharp appreciation of the cedi to the result of targeted economic policy interventions spearheaded by President John Dramani Mahama's administration. He said ...

Joyce Bawah Mogtari, Presidential Adviser and Special Aide to President John Dramani Mahama, has strongly advocated for equitable pricing across the country, citing the stability of the Ghanaian cedi.  Bawah ...

Ghana must take decisive steps to secure lasting currency stability by leveraging its abundant natural resources. 

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 local currency, the cedi, has been ranked as the 7th strongest currency in Africa at the end of the first quarter of 2025. According to the Forbes currency calculator, ...

Ghana's financial landscape has seen notable developments, especially with the anticipated International Monetary Fund (IMF) inflow of $360 million. Financial Economist Professor Lord Mensah, in an extensive interview, dissected the ...