Cedi Appreciation: Causes, consequences, and policy imperatives

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Osika 8 months ago

It means the same policy, then they change the name from gold4oil to gold board.
Just to make impression that they implement it

It means the same policy, then they change the name from gold4oil to gold board.
Just to make impression that they implement it
Emmanuel Quaicoe 8 months ago

Bro, did you really read the article before your comment? The Gold for Oil program is different from the Gold Board.

Bro, did you really read the article before your comment? The Gold for Oil program is different from the Gold Board.
.mr amin 8 months ago

Don't joke with the depreciation of the cedi it could bring this country down allow the cedi to appreciate that's the only way wecand develop

Don't joke with the depreciation of the cedi it could bring this country down allow the cedi to appreciate that's the only way wecand develop
Too quick to expect 8 months ago

We are too quick to expect that prices of food stuff must immediately go down no. It will not work like that. We need to give ourselves some few months to see sustainability of the strength of th3 cedi before we will arrive ...
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We are too quick to expect that prices of food stuff must immediately go down no. It will not work like that. We need to give ourselves some few months to see sustainability of the strength of th3 cedi before we will arrive at th3 end of the curve where things will automatically come down. Also writer failed to mentioned that underbth3 new regime corruption has been brought under checks than the previous so for that matter things have stabilise.
MHB 8 months ago

Ghanaweb and their political tactics of reporting. They are dangerous like lion.

Ghanaweb and their political tactics of reporting. They are dangerous like lion.
Zargon 8 months ago

Simple thing are idiots talking nonsense hehehe… someone should bet with me that the cedi will continuously fall until the end of the year… this appreciation is backed by gold and cocoa money which Ghana is making tones o ...
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Simple thing are idiots talking nonsense hehehe… someone should bet with me that the cedi will continuously fall until the end of the year… this appreciation is backed by gold and cocoa money which Ghana is making tones of it.. before, less of Ghnas gold will be sold legally and deposited into govt coffers.. now with the introduction of the gold board.. at least 95% of all gold goes through this institution and all the money deposited into govt coffers… $2.7 billion received already and a projected $10m by end of the year… how much gold this the Crooks sell last year.. less than $3 billion??? Thieves
Zargon 8 months ago

I mean the cedi will continuously rise…

I mean the cedi will continuously rise…
Mr Acheampong 8 months ago

And all those exporting companies are having their income slashed by 25% whilst costs stay the same or increase!

And all those exporting companies are having their income slashed by 25% whilst costs stay the same or increase!
Bugbaba 8 months ago

I think we black people are l8ke wiches and wizards ,we dont like anything good.

I think we black people are l8ke wiches and wizards ,we dont like anything good.
Super Mugu Yaro 8 months ago

I agree with you we Ghanaians are our own enemies..What we're interested in is laziness, always like complaining about the government of the day and the love for too much money and finally un-nationalistic and patriotism. We ...
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I agree with you we Ghanaians are our own enemies..What we're interested in is laziness, always like complaining about the government of the day and the love for too much money and finally un-nationalistic and patriotism. We like money more than our lives. If we don't change our attitudes we'll continue to change government and continue to suffer because no government can make things better for us until we change our behavior

Hannan 8 months ago

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Mr Acheampong 8 months ago

So not one single thought about those companies who generated those Dollar incomes through their exports and whose cash flow has been slashed by 25% almost at a stroke! Our company cannot survive as our profit margin is less ...
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So not one single thought about those companies who generated those Dollar incomes through their exports and whose cash flow has been slashed by 25% almost at a stroke! Our company cannot survive as our profit margin is less than 20% so more than 100 people on the street jobless and a loss of $1m income to the country!
GD 8 months ago

Now Ghana has very good economic management team which are doing splendid job.

Now Ghana has very good economic management team which are doing splendid job.
Doug 8 months ago

Intellectual dishonesty. Clearly it's the fight against corruption and mopping up of excess and unregulated foreign currency that has boosted investor confidence and strengthened the cedi

Intellectual dishonesty. Clearly it's the fight against corruption and mopping up of excess and unregulated foreign currency that has boosted investor confidence and strengthened the cedi
Former President 8 months ago

Reality check, how can the Cedis be the strongest appreciating currency, without deception and smoke and mirrors? The foundation of Ghana’s economy is still weak, no manufacturer base, what little there is now faces 25% inc ...
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Reality check, how can the Cedis be the strongest appreciating currency, without deception and smoke and mirrors? The foundation of Ghana’s economy is still weak, no manufacturer base, what little there is now faces 25% increase in their export price. BOG manipulation of the Cedis at the cost of millions to us the people, does not benefit anyone apart from the richest, who now secretly buying & hoarding dollars waiting to make a killing when dollar bounces back. See what happened with Bitcoin before. Have the prices gone done, no - why because it is an illusion and means nothing. Open your eyes be prepared for the crash
Sam 8 months ago

So at end of galamsey what next? We need policies that will stabilize the dollar rate and not destroying the environment to stabilize the dollar rate.

So at end of galamsey what next? We need policies that will stabilize the dollar rate and not destroying the environment to stabilize the dollar rate.
GrimReaper911 7 months ago

Are u sure u didn't take this directly from grok ai

Are u sure u didn't take this directly from grok ai
Nana 3 months ago

The problem is simple. All the factors that have led to relative appreciation of the cedi have to do with managing demand. What is missing is how to stimulate the supply side.

The problem is simple. All the factors that have led to relative appreciation of the cedi have to do with managing demand. What is missing is how to stimulate the supply side.

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Cedi Appreciation: Causes, consequences, and policy imperatives

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