Tag: Ghana Cedi
Cedi woes…Stagger the repatriation of profits—PEF boss
To ease the incessant pressure on the cedi, especially in the first quarter of every year, government must introduce a law that regulates the...
Injecting US$800m to stabilise cedi an exercise in futility
Once again, the Bank of Ghana (BoG) has signalled that it will inject a whopping US$800million into the system to shore-up one of the...
Cedi Depreciationit’s the economy…stupid! (1)
Depreciation of the cedi has been in the news once again recently. And we have heard the usual accusations, counter-accusations and equivocations about relative...
Economic stability and the cedi’s plight
Over the last few weeks, the steady decline of Ghana’s national currency, the cedi, against major foreign currencies has given cause for worry over...
More external threats ahead for the cedi – BoG report
A report by the Bank of Ghana that assesses the impact of external shocks on Ghana’s economy has revealed the cedi’s depreciation against the...
Speed up industrial policies to check cedi’s slide – Commerce Chamber
The cedi’s perennial depreciation is largely the result of weak economic fundamentals, underpinned by a weak industrial base, the Ghana National Chamber of Commerce...
Inflation seen rising to 11% due to weak cedi
Despite a drop in last month’s inflation, the Economist Intelligence Unit (EIU) is forecasting that the local currency’s weak performance will undo the work...
Cedi to end year worse than in 2017 — ISSER
The Institute of Social, Statistical and Economic Research (ISSER) of the University of Ghana has said that it expects the cedi to depreciate far...
Cedi Debate: a needless, dishonest and deliberate misinformation
The debate around the depreciating cedi has resurfaced, following recent claims by Vice President Dr. Muhamadu Bawumia that the local currency has performed better...
Cedi to experience moderate depreciation this year – Standard Bank
Economists at the research desk of Standard Bank, the parent company of Stanbic Bank Ghana, have said that Ghana’s central bank, the Bank of...
