BoG vows to tackle FX market headwinds

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Evans 1 year ago

The truth is that the Governor and the NPP government have lost control over the stability of the economy;the fundamentals are very weak, releasing foreign reserves unto the market will not solve the problem all will vanish w ...
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The truth is that the Governor and the NPP government have lost control over the stability of the economy;the fundamentals are very weak, releasing foreign reserves unto the market will not solve the problem all will vanish within weeks then back to square one. Solution is to wait patiently for December then we change the government by bringing the NDC back; some will say no but the point is that the NDC in coming to power would want to prove to Ghanaians that they can do it better, taking into account the track records of JM versus Nana Addo, so the NDC will be more holistic in tackling the challenges to achieve good results to shame the NPP.
Turning the Corner 1 year ago

BoG and Ken Ofori Atta were manipulating the exchange rate before the IMF headmaster came in and now they can't do that much! Before the IMF, the exchange could swing from 15 to 8 within a day or two

BoG and Ken Ofori Atta were manipulating the exchange rate before the IMF headmaster came in and now they can't do that much! Before the IMF, the exchange could swing from 15 to 8 within a day or two
Me - Me 1 year ago

This time the fundamentals are not just but wobbling due to rot and rust. Bawumia said fundaments thing but now I think he did not have understanding of the things he said. He is now running from his own words.

This time the fundamentals are not just but wobbling due to rot and rust. Bawumia said fundaments thing but now I think he did not have understanding of the things he said. He is now running from his own words.
SPOTLIGHT AFRICA 1 year ago

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Wisefolk 1 year ago

These guys ain't got no clue what they are up to.

These guys ain't got no clue what they are up to.
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Evans Sarfo-Adu 1 year ago

Shamefully clueless!!!!

Shamefully clueless!!!!
Kofi Mensah 1 year ago

Look at this man !!

Do you think borrowing dollars from IMF to stabilize FX is a solution?

We all see the effect of your solution: as soon as you pump the borrowed dollars into the system, the cedi will appear to be st ...
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Look at this man !!

Do you think borrowing dollars from IMF to stabilize FX is a solution?

We all see the effect of your solution: as soon as you pump the borrowed dollars into the system, the cedi will appear to be stabilized, but as soon as the amount you pump into the system is depleted (after politicians and businessmen hoard the physical USD and EUR), we see the TRUE state of the cedi.

I bet: there's nothing whatsoever in this world that you Addison can do to permanently halt the cedi from falling, UNLESS GHANA'S EXPORTS EXCEED IMPORT, which is very unlikely because we import almost everything.
Gilbert 1 year ago

They should tackle the obscene salaries Togbe Afede has been talking instead. These are hardened economic bandits, not technocrats. These are hardened criminals than Boko Haram bandits operating in zambesi forest

They should tackle the obscene salaries Togbe Afede has been talking instead. These are hardened economic bandits, not technocrats. These are hardened criminals than Boko Haram bandits operating in zambesi forest

Citizen 1 year ago

Not only tackling the unprecedented salaries and loans giving to lo staffs is the problem for a small country like ghaba for a few for the masses to pay through their blood, butalso defying defying the constitution to print m ...
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Not only tackling the unprecedented salaries and loans giving to lo staffs is the problem for a small country like ghaba for a few for the masses to pay through their blood, butalso defying defying the constitution to print more than 5% f or the government thereby creating such a mess and also misplaced priority by building a new head office which is over bloated.
With all that us listed above, how do you expect the the currency not free fall.
Ghanaians sit and watch a bunch of idiots who do not have a clue from their kaft to right to hold about 33 million people to ransom. Without any shame, they still cone to gas light us under pretense of solving the mess the themselves have caused.
Lord have mercy.
Sma 1 year ago

Talk is cheap

Talk is cheap
BOY KOFI 1 year ago

You have failed woefully my friend,just pack your things and go home.
IMF has taken over the government,Mr Addison is just a shadow of himself.Tnx.

You have failed woefully my friend,just pack your things and go home.
IMF has taken over the government,Mr Addison is just a shadow of himself.Tnx.
Wasteman 1 year ago

BAWUMIA THE NONCE…WHERE ARE YOU?!

BAWUMIA THE NONCE…WHERE ARE YOU?!
George 1 year ago

One more vow?

One more vow?
Me - Me 1 year ago

All you know is to secretly print cedis to finance the corrupt practices of this failed government. When the forex started rising where you? You exhausted ideas and now GHC 15 to $1. Hmmm, Addison!!!!

All you know is to secretly print cedis to finance the corrupt practices of this failed government. When the forex started rising where you? You exhausted ideas and now GHC 15 to $1. Hmmm, Addison!!!!
Anda 1 year ago

This guy is the most incompetent in the whole of NPP administration.

Any time the cedi depreciate so much, he comes out to spew trash!!!

This guy is the most incompetent in the whole of NPP administration.

Any time the cedi depreciate so much, he comes out to spew trash!!!
Accranie&HopePride Foods 1 year ago

@me-me pls be a little more diplomatic being a governor of BoG is not like selling tomato in our market place whereby you can be accused of kalabule

@me-me pls be a little more diplomatic being a governor of BoG is not like selling tomato in our market place whereby you can be accused of kalabule
Me - Me 1 year ago

Hunger and business down turns do not know diplomacy. Very disappointing when some people boast of knowing better yet all indicators are showing otherwise. Eye ebufour dodo. Matea, borkoor

Hunger and business down turns do not know diplomacy. Very disappointing when some people boast of knowing better yet all indicators are showing otherwise. Eye ebufour dodo. Matea, borkoor
Guv'ner 1 year ago

The cedi is dropping twice a day everyday and he is vowing to tackle FX? When? Is he waiting for a whistle to be blown?

The cedi is dropping twice a day everyday and he is vowing to tackle FX? When? Is he waiting for a whistle to be blown?

Teuth 1 year ago

So all these people the state has looked after them from school and what benefit have we gotten from them. Look at where they have brought us with n9 sense of shame

So all these people the state has looked after them from school and what benefit have we gotten from them. Look at where they have brought us with n9 sense of shame
The lone crusader 1 year ago

WHY IS THIS GUY STILL STAYING IN GOV SELLiNG DIAPORA MONNIES TO THE zambrama?What's the deal?

WHY IS THIS GUY STILL STAYING IN GOV SELLiNG DIAPORA MONNIES TO THE zambrama?What's the deal?
Yoshima 1 year ago

Dr Bawumia PhD thesis was in political science and not economics. That's why he is a politician today. He is never an economists. How can an economists suddenly turned an IT guru.

Dr Bawumia PhD thesis was in political science and not economics. That's why he is a politician today. He is never an economists. How can an economists suddenly turned an IT guru.

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BoG vows to tackle FX market headwinds

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