Cedi appreciation not due to gold reserves but gold exports by GoldBod - Sammy Gyamfi

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Hmm 8 months ago

The Aban Papa has come for Sammy Gyamfi and co. because you are enjoying but not all Ghanaians. Prices of goods are still high so we are not feeling the effect of the cedi appreciation. The moment dollar go up all prices are ...
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The Aban Papa has come for Sammy Gyamfi and co. because you are enjoying but not all Ghanaians. Prices of goods are still high so we are not feeling the effect of the cedi appreciation. The moment dollar go up all prices are increased immediately. Why can’t the same be done now that the dollar keeps going down? People always find excuses to enrich them selves.
Dom 8 months ago

Guys, when was the goldbod established? Just two months ago and guy Sammy says what? Eiiiii!

Guys, when was the goldbod established? Just two months ago and guy Sammy says what? Eiiiii!
Nana 8 months ago

They always think Ghanaians are stupid. NDC members gullible, so they believe anything their leaders tell them without Fact-checking. That's why Ghana is in the state that it is. I feel sad for this Country though..

They always think Ghanaians are stupid. NDC members gullible, so they believe anything their leaders tell them without Fact-checking. That's why Ghana is in the state that it is. I feel sad for this Country though..
Clynns 8 months ago

You are lying it's was already enacted by the previous government and as we now seeing the results..

You are lying it's was already enacted by the previous government and as we now seeing the results..
Kofi Ga 8 months ago

Some of you guys are just a party drunk that you cannot see even if it is written on the wall, supposed npp was still in power today the cedi could have depreciate to 20,00 cedis to a 1dollar, if you don't know go and ask baw ...
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Some of you guys are just a party drunk that you cannot see even if it is written on the wall, supposed npp was still in power today the cedi could have depreciate to 20,00 cedis to a 1dollar, if you don't know go and ask bawumia
Lord 8 months ago

Where did you got the gold from. Infact he is contradicting President Mahama.

Where did you got the gold from. Infact he is contradicting President Mahama.
hmm 8 months ago

yeah small boy who hv lied to reach this position nothing can stop him from lying Mr dollar man. Pple r just focused on the money he dash out to Agradaa forgetting the bunch of money he took some from can u imagine the amount ...
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yeah small boy who hv lied to reach this position nothing can stop him from lying Mr dollar man. Pple r just focused on the money he dash out to Agradaa forgetting the bunch of money he took some from can u imagine the amount stock in his hse? since he started lying publicly hv we ever seen him giving pple money not to talk of dollars even Kennedy Agyapong n Despite hv not given out dollars for pple to see but just 5 months in power u r sharing dollars cos now all Ghana dollars passes tru ur hands. Dead goat darling boy let's imagine the sales he makes to Mahama daily dollars nkoaaa very soon he will start sharing pounds. All the same God bless u Bawumia
hmm 8 months ago

yeah small boy who hv lied to reach this position nothing can stop him from lying Mr dollar man. Pple r just focused on the money he dash out to Agradaa forgetting the bunch of money he took some from can u imagine the amount ...
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yeah small boy who hv lied to reach this position nothing can stop him from lying Mr dollar man. Pple r just focused on the money he dash out to Agradaa forgetting the bunch of money he took some from can u imagine the amount stock in his hse? since he started lying publicly hv we ever seen him giving pple money not to talk of dollars even Kennedy Agyapong n Despite hv not given out dollars for pple to see but just 5 months in power u r sharing dollars cos now all Ghana dollars passes tru ur hands. Dead goat darling boy let's imagine the sales he makes to Mahama daily dollars nkoaaa very soon he will start sharing pounds. All the same God bless u Bawumia
Daavi 8 months ago

Tomorrow the agric minister will come and say the cedi's appreciation is due to agricultural exports. Too many contradictory explanations to the cedi's appreciation. Please give credit to whom it is due. This whole gold polic ...
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Tomorrow the agric minister will come and say the cedi's appreciation is due to agricultural exports. Too many contradictory explanations to the cedi's appreciation. Please give credit to whom it is due. This whole gold policy was started by Bawumia and you've come to accept as better.
When was your so called Goldbod formed?
Pouv: 8 months ago

So many conflicting reports speaks to the fact that these guys are cowboys, they don't know Jack! There is no shame to ask the previous administrators, especially
( the good Dr. B) whose work you are taking credit for, to e ...
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So many conflicting reports speaks to the fact that these guys are cowboys, they don't know Jack! There is no shame to ask the previous administrators, especially
( the good Dr. B) whose work you are taking credit for, to enlighten you.

There is always an excuse 8 months ago

One thing I admire about the NPP is that, they always have something to say. They have no shame at all. After God delivered us from your coup,JM is resetting your mess and instead of you to shamefully keep quiet, you are even ...
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One thing I admire about the NPP is that, they always have something to say. They have no shame at all. After God delivered us from your coup,JM is resetting your mess and instead of you to shamefully keep quiet, you are even talking. You really have no shame. You too the US dollar from 3.5 to 17 Ghana cedis. Please just shut up.
.mr amin 8 months ago

Sammy well done do more to see the cedi rate at a single digit Goldbod more fire

Sammy well done do more to see the cedi rate at a single digit Goldbod more fire
Denise 8 months ago

If you still love the NPP party, you're a fool.... And an enemy of progress, Ghana first.

If you still love the NPP party, you're a fool.... And an enemy of progress, Ghana first.
Kk 8 months ago

Don't Play politics with the appreciation of the Cedis rather think of how to sustain it.

Don't Play politics with the appreciation of the Cedis rather think of how to sustain it.
Hannan 8 months ago

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;)) Welcome to the best sex dating site ~~ Fun4.top
The Voltarian 8 months ago

Big thanks to President Mahama, Sammy and Dr. Ato Forson for stabilizing the Cedi. We need 50 more years of NDC governance to transform Ghana into a paradise.

Big thanks to President Mahama, Sammy and Dr. Ato Forson for stabilizing the Cedi. We need 50 more years of NDC governance to transform Ghana into a paradise.
Coach 8 months ago

According to reports, total gold export earnings between January to April 2025, reached about $2.7 billion; a substantial increase from $862.4 million in the same period last year. If these reports are accurate, then receive ...
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According to reports, total gold export earnings between January to April 2025, reached about $2.7 billion; a substantial increase from $862.4 million in the same period last year. If these reports are accurate, then receive a pat on the back, Sam Gyamfi.
Raph 8 months ago

May I know if Sammy still have some dollars with him because the value is hoping down,maybe this time round he will give out cedis in billions.Aboa mu aboa

May I know if Sammy still have some dollars with him because the value is hoping down,maybe this time round he will give out cedis in billions.Aboa mu aboa
YB 8 months ago

U talk too much

U talk too much
Former President 8 months ago

Why do you keep printing this rubbish? Cedis appreciation is only down to the erratic behaviour and policies of Donald Trump, which is just a ploy to milk the middle classes as well as BOG artificially propping up the Cedis. ...
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Why do you keep printing this rubbish? Cedis appreciation is only down to the erratic behaviour and policies of Donald Trump, which is just a ploy to milk the middle classes as well as BOG artificially propping up the Cedis. It will all end in tears. When debt repayments are due in September we will see a different story. Invest in dollars now it will be $20 - 25 to one cedis by the end of the year. This bubble has no foundations to be sustainable. So Ghana has a little bit of Gold, how much does US & UK have in reserves and don't forget they have significantly reduced their spending due to aid cuts and US has drastically increased its revenues due to tariff taxes. Want to invest in Tulips anyone.

Bee Maame 8 months ago

Fool… were we not selling gold before gold board

Fool… were we not selling gold before gold board
Any answer ? 8 months ago

When the dollar was 16 cedis to a dollar a pack of yogurt was 50 cedis. Now it is 12 cedis to a dollar and the pack of yogurt is still 50 cedis. So you need to change more dollars to purchase the same items . So is Ghana more ...
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When the dollar was 16 cedis to a dollar a pack of yogurt was 50 cedis. Now it is 12 cedis to a dollar and the pack of yogurt is still 50 cedis. So you need to change more dollars to purchase the same items . So is Ghana more expensive now ? Who is gaining?
Kwas 8 months ago

I know bro. Their prices remain still unchanged even as cedi appreciates. I am halting all my projects until either the cedi depreciates or prices of materials drop. I think Ghanaians are losing in this case.

I know bro. Their prices remain still unchanged even as cedi appreciates. I am halting all my projects until either the cedi depreciates or prices of materials drop. I think Ghanaians are losing in this case.
Kofi 8 months ago

Ask yourself why the Euro and pound sterling are still maintaining. Mo fri s33 ya gyimi ing

Ask yourself why the Euro and pound sterling are still maintaining. Mo fri s33 ya gyimi ing
GHS GAINS SHOULD BE ON EXPORTS & TOURISM 8 months ago

THE GAINS IN GHS SHOULD RATHER BE BASED ON HIGH PRODUCTIVITY IN EXPORT OF GHANAIAN GOODS AND SERVICES, INCREASE IN TOURISM INFRASTRUCTURES ,CLEANLINESS OF OUR CITIES AND TOWNS TO BOOST INFLUX OF TOURISM INTO GHANA RATHER REL ...
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THE GAINS IN GHS SHOULD RATHER BE BASED ON HIGH PRODUCTIVITY IN EXPORT OF GHANAIAN GOODS AND SERVICES, INCREASE IN TOURISM INFRASTRUCTURES ,CLEANLINESS OF OUR CITIES AND TOWNS TO BOOST INFLUX OF TOURISM INTO GHANA RATHER RELYING SOLELY ON GOLD EXPORTS. THIS BECAUSE IN FUTURE ALL OUR NATURAL RESOURCES IE GOLD ,BAUXITE,DIAMOND, LITHIUM ,OIL SHALL BE DEPLETED AS MINING GOES ON DAILY BUT TOURISM SHALL ALWAYS BE THERE DUE TO OUR FREE ACCESS TO GOD'S CREATION OF SEA,SUN AND SAND ,HENCE IN SO FAR AS TOURISM IS IN A SUSTAINABLE INDUSTRY IT SHALL THRIVE FOR EVER TO ENABLE GHANA EARN MUCH FROM TOURISM. MOST DEVELOPED COUNTRIES NOW EARN MUCH IN TOURISM AFTER THEIR INDUSTRIAL REVOLUTION S.AMERICA ,UK ,FRANCE AND EMIRATES NOW EARN MUCH FROM TOURISM AND GHANA SHOULD FOLLOW THEM .CLEANLINESS, RULE OF LAW AND PEACE CAN BOOST GROWTH OF TOURISM IN GHANA TO EARN GOOD FOREIGN CURRENCIES.
Steve 8 months ago

Prices of Goods and services should also come down so we can feel the impact

Prices of Goods and services should also come down so we can feel the impact
Christopher 8 months ago

Even if its due to gold export, don't you think this archaic policy is the dumbest any forward thinking developing country can do?

Even if its due to gold export, don't you think this archaic policy is the dumbest any forward thinking developing country can do?
Kwasi 8 months ago

I must admit that currency appreciation brings stability to the market because the end result is price stability in the economy.
But if we rush to strengthen the cedi vis-a-vis other currencies, we risk deterring tourists f ...
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I must admit that currency appreciation brings stability to the market because the end result is price stability in the economy.
But if we rush to strengthen the cedi vis-a-vis other currencies, we risk deterring tourists from visiting the country even if we limit visa applications to two days.
Foreign exchange rates are relative. But what we are seeing is a rapid appreciation of the cedi for political reasons. The prices of goods and services have remained the same and rising in some cases. So if my dollar could have bought two coconuts last month but can only buy one today because the dollar has depreciated. Those making policies just to support the currency without looking at the effects on the other areas of the economy should stop and think. Gradual policy implementation is better than a rushed one. Because any errors made will take time to correct in the short term.
Effah Emmanuel 8 months ago

Good job Mr. President! Please price of goods must reduce again make everything easy while the cedis is beating the dollar

Good job Mr. President! Please price of goods must reduce again make everything easy while the cedis is beating the dollar
Blaise mwinkyebakangbuobukaraa 8 months ago

But the new governor of the bank of Ghana recently said it was Bawumia's policy of buying gold by the bank of Ghana that was responsible for the cedi performance. Kindly refer to his very recent public disclosures and find th ...
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But the new governor of the bank of Ghana recently said it was Bawumia's policy of buying gold by the bank of Ghana that was responsible for the cedi performance. Kindly refer to his very recent public disclosures and find that.
This attests to the fact that our indecent politicians are really responsible for the suffering of Ghanaians and not economic underperformance by the Ghanaian workers. Broad day light stealing and distribution of public money under pretencies and blame game by politicians mouthpieces to justify their righteousness comparing what previous opponents did. Is that leadership?

Kofi Akwetey 8 months ago

Gold exports alone will not strengthen the cedi if we end up spending all the exports receipts. The surest way to ensure sustained strength of the cedi is to increase our gold reserves, foreign reserves, as well as reducing o ...
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Gold exports alone will not strengthen the cedi if we end up spending all the exports receipts. The surest way to ensure sustained strength of the cedi is to increase our gold reserves, foreign reserves, as well as reducing our debt service payments. Sammy G should not play politics with their matter.

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Cedi appreciation not due to gold reserves but gold exports by GoldBod - Sammy Gyamfi

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