Cedi appreciated by 42% as from January to June 2025 - BoG Governor

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.mr amin 6 months ago

Let the cedi appreciate to a single digit that where we can see the real impact of price reduction

Let the cedi appreciate to a single digit that where we can see the real impact of price reduction
Mawupemor 6 months ago

You will keep single depreciation to opposition.Abi u don’t want to listen.Ghanaians are telling you we don’t feel the impact of the depreciation I out pockets but you won’t listen to us.U keep listening to Kevin Taylor ...
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You will keep single depreciation to opposition.Abi u don’t want to listen.Ghanaians are telling you we don’t feel the impact of the depreciation I out pockets but you won’t listen to us.U keep listening to Kevin Taylor and co who don’t vote for you not to reduce the cedi to single digits.And also make sure prices of commodities reduce no matter what it takes
Kofi 6 months ago

It's no wonder the cedi appreciated by 42% when you pump 1.6 billion dollars into the system for the cedi to appreciate artificially. Ghana goes to lMF to borrow half of the money which you've pumped into the system for her ...
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It's no wonder the cedi appreciated by 42% when you pump 1.6 billion dollars into the system for the cedi to appreciate artificially. Ghana goes to lMF to borrow half of the money which you've pumped into the system for her infrastructure and many other things. Imagine what 1.6 billion dollars could do, and even create employment through the infrastructural program.
But because of populism, Ghana must walk this path of cedi appreciation, which won't benefit Ghana in the long term. What are impact of cedi appreciation, inflation is down, but prices , commodities and services are still high. What are we benefiting from cedi appreciation?
Cedi on steroids 6 months ago

I hope Governor Koo Asiamah the will be ready in 2028 to explain to the court why he chose to waste over 1 billion dollars to deceptively manipulate the value of the cedi. The citizens will demand full cost accounting as to w ...
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I hope Governor Koo Asiamah the will be ready in 2028 to explain to the court why he chose to waste over 1 billion dollars to deceptively manipulate the value of the cedi. The citizens will demand full cost accounting as to why he choose this short term approach instead of investing that money in areas that have long term impact. Hopefully when the citizens in 2028 decided to book an airbnb in Nsawam for Mahama, Ato and Koo Asiamah, nobody cries wolf. 3y3 Zu
Edi 6 months ago

WHAT GO'S UP WILL COME DOWN FOLKS

WHAT GO'S UP WILL COME DOWN FOLKS
Charles 6 months ago

stick to the US dollar folks it will be coming back soon crashing all world currency just watch

stick to the US dollar folks it will be coming back soon crashing all world currency just watch
James Bond 6 months ago

nation wrecker,why are some ghanaians so fooilsh,just because of tribalism and politics

nation wrecker,why are some ghanaians so fooilsh,just because of tribalism and politics
FunnyGhana 6 months ago

BOG is following the correct system. BOG should channel FX through their daily auction to genuine businesses with correct documents and import entries. Gold that was being smuggled to support black market FX and illegal black ...
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BOG is following the correct system. BOG should channel FX through their daily auction to genuine businesses with correct documents and import entries. Gold that was being smuggled to support black market FX and illegal black market cash from tax evasion must be plugged. Government should pay no attention to the black market rate. The higher the black market rate the better. Let tax evaders pay a very heavy price for not doing legitimate business.
FAA 6 months ago

When the chicken come to roost then we will see the voodoo economics.The problem is the harm had already be done by then

When the chicken come to roost then we will see the voodoo economics.The problem is the harm had already be done by then
Dd 6 months ago

And reduction of goods and services?

And reduction of goods and services?

Baba 6 months ago

Pay contractors and let see what will happen.

Pay contractors and let see what will happen.
Atsu 6 months ago

Tell us what new policies you implemented for so called cede appreciation apart from selling Dr Bawumia deposited gold to buy more dollars to shore up the market

Tell us what new policies you implemented for so called cede appreciation apart from selling Dr Bawumia deposited gold to buy more dollars to shore up the market
George 6 months ago

With all this bravado and the "look what I've done" mindset, there will be negligible reductions in inflation. The government has no understanding of the economy. From importers to distributors to wholesalers to retailers, gr ...
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With all this bravado and the "look what I've done" mindset, there will be negligible reductions in inflation. The government has no understanding of the economy. From importers to distributors to wholesalers to retailers, greed and self fulfillment are in control and people are more profit-minded than ever before. Lower the FOREX all you want! It's a smoke and mirrors deception. The government is playing a foolish game and then will not be good.
George Pendrouse 6 months ago

This only happens in Ghana... government borrow money from IMF to play politics of cedi appreciation against US dollars and sterling to fool Ghanaians.This artificial gains does not reflect the true market value of goods as p ...
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This only happens in Ghana... government borrow money from IMF to play politics of cedi appreciation against US dollars and sterling to fool Ghanaians.This artificial gains does not reflect the true market value of goods as people become less impressive of this bold steps of BANK OF GHANA.THE SO CALLED CEDI APPRECIATION HASN'T IMPACTED PRICES,.MARKET WISE
John Sosu Napukagu 6 months ago

Cedi apprecited by 42% from January to June 2025.

Inflation rate as at June 2025 was 13.7%

Yet the published GRR for June 2025 by Bank of Ghana was 23.80%.

Something is not right somewhere!!

Cedi apprecited by 42% from January to June 2025.

Inflation rate as at June 2025 was 13.7%

Yet the published GRR for June 2025 by Bank of Ghana was 23.80%.

Something is not right somewhere!!

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Cedi appreciated by 42% as from January to June 2025 - BoG Governor

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