The struggles of the Ghana cedi continue as the local currency experienced a 3.95 percent decline in value against the US dollar in October 2024, resulting in a year-to-date depreciation of nearly ...
Ghana’s local currency continues to experience persistent depreciation against major trading currencies such as the US dollar. The cedi, which has been under pressure throughout the year ...
The Ghana cedi continued its revival for the second consecutive week, supported by increased liquidity by the Bank of Ghana. This follows the Central Bank’s injection of US$199.8 million into ...
The Bank of Ghana’s (BoG) intervention in the foreign exchange (FX) market has helped the cedi record gains against its major trading partners after weeks of sustained depreciation. These moves ...
The 33-year-old Ghanaian has been hit twice over by her ... The country has also been hit by its currency, the cedi, depreciating against the US dollar. This is partly due to the strength of ...
(Bloomberg) -- Ghana’s currency appreciated a second day after the central bank sold dollars to the market to boost the cedi. The currency of Africa’s biggest gold producer gained 0.2% to 16. ...
The Ghanaian cedi continued its freefall this week as investors focused on actions of the Bank of Ghana (BoG) decision and the Federal Reserve. The USD/GHS exchange rate surged to a record high of ...
In a video, he flaunted the money in the box, which was made of coins and some Ghana cedi notes, leaving netizens in awe.
The Bank of Ghana (BoG) says it is taking proactive measures to bolster its reserves in order to address the depreciation of the cedi against major foreign currencies. With the festive season ...