Cedi stability key, not over-appreciation – BoG Governor

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Joe Sam 8 months ago

Where is Bernard Mornah and Allotey? They've been so quiet after the elections.

Where is Bernard Mornah and Allotey? They've been so quiet after the elections.
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Bons 8 months ago

The stability of the cedi these few days isn't a cause of any particular monetary intervention you guys have done be honest. The dollar has depreciated against all the major currencies hence the cedis appreciation. Thank you

The stability of the cedi these few days isn't a cause of any particular monetary intervention you guys have done be honest. The dollar has depreciated against all the major currencies hence the cedis appreciation. Thank you
Rabiu 8 months ago

You're an enemy of progress. Why didn't you also mention other currencies like the British Pounds and the Euros? The fact is that the cedi is currently appreciating against all the major currencies mentioned above.

You're an enemy of progress. Why didn't you also mention other currencies like the British Pounds and the Euros? The fact is that the cedi is currently appreciating against all the major currencies mentioned above.
ADU BOATENG 8 months ago

Liar, shut up there! If what you are is true, why is the Euro and the British Pounds also depreciating? Why are all the other African currencies stable but the Cedi is appreciating? Instead of you to appreciate the good work ...
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Liar, shut up there! If what you are is true, why is the Euro and the British Pounds also depreciating? Why are all the other African currencies stable but the Cedi is appreciating? Instead of you to appreciate the good work of our EMT you are here speaking nonsense. Check from SA, Tunisia, Algeria, Nigeria, and all the African countries and see if their currencies are appreciating like the Cedi?
Shamsi Waleed 8 months ago

Cfa, rand are also appreciating. What's your point here?

Cfa, rand are also appreciating. What's your point here?
AMN 8 months ago

Nonsense. What about appreciating against other currencies? Check the performance of the cedi against the pound stelling, the euro, the cfa, the naira, just to mention a few. Keep running away from reallity. Even if the curr ...
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Nonsense. What about appreciating against other currencies? Check the performance of the cedi against the pound stelling, the euro, the cfa, the naira, just to mention a few. Keep running away from reallity. Even if the current government hasn't done anything, at least, they don't steal the dollar and other currencies everyday and hoard in their rooms to lead to depreciation of the cedi.
Nana 8 months ago

I like this Governor, so far he remains very professional in his analysis.

I like this Governor, so far he remains very professional in his analysis.
Make the dollar stable between 15.5- to 16.0 8 months ago

Don’t over inject more dollars into the economy or else you lose huge remittances, foreign direct investment , and export revenue. Be careful how the cedi is over appreciating because is good for imports but not good for ot ...
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Don’t over inject more dollars into the economy or else you lose huge remittances, foreign direct investment , and export revenue. Be careful how the cedi is over appreciating because is good for imports but not good for other economic indicators. Also remember that the cedi has been appreciating since November but the price of goods and services have been increasing at an increasing rate. This is not good for those Ghanaians and expatriates who wanna do something in Ghana here . Take the price of cement , iron rods , gravels , sand , bag of rice , cooking oil , milk , etc all these items have their prices jumped to the top. You should maintain the dollar between 15.5 to 16, and that stability will determine the real cost of living and prices of various goods and services . People are losing big time with the dollar rate going down but with prices of goods and services going up . It’s not good economics. Make the dollar stable and that’s all we need.
ADU BOATENG 8 months ago

My friend shut up and allow the indicators to work. Are you saying it is good for the Cedi to depreciate anyhow but it can't appreciate anyhow?
We should do what is good for ourselves not so dem expatriates. If they can't h ...
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My friend shut up and allow the indicators to work. Are you saying it is good for the Cedi to depreciate anyhow but it can't appreciate anyhow?
We should do what is good for ourselves not so dem expatriates. If they can't handle it, they should go to their country. Are you okay for people change small dollars to enslave our people? We want the dollars to be stable at GHS 5.0 Cedis and that's it. We also want our salaries to appreciate to global standards

Shamsi Waleed 8 months ago

Two fools. Dollar rate fa wo ho b3n?
Cedi is appreciating, yet your salary is the same. Price of goods are the same
So what's all these noise? You people won't focus on anything useful...if you're not into imports and expor ...
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Two fools. Dollar rate fa wo ho b3n?
Cedi is appreciating, yet your salary is the same. Price of goods are the same
So what's all these noise? You people won't focus on anything useful...if you're not into imports and exports. It doesn't affect you directly. Go and sleep
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Joe 8 months ago

The most important thing if the cedi is really appreciating is to see that kenkey is reduced to one Ghana cedi, a bag of Cement 50 cedis, transportation from Tech to Kejetia is 2 Ghana cedis, petrol selling at 50 cedis a lite ...
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The most important thing if the cedi is really appreciating is to see that kenkey is reduced to one Ghana cedi, a bag of Cement 50 cedis, transportation from Tech to Kejetia is 2 Ghana cedis, petrol selling at 50 cedis a liter and many more. This is all what we are expecting. Other than that is of no use.
Chaii!!! 8 months ago

Keep doing the good job.

Keep doing the good job.
Nii Odoi 8 months ago

Yes, stability is crucial. However, the stabilised Cedi should be around $1.00 to GHS10. Get working.

Yes, stability is crucial. However, the stabilised Cedi should be around $1.00 to GHS10. Get working.

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Cedi stability key, not over-appreciation – BoG Governor

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