Cedi depreciates to GH¢12.05 against the US dollar

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JESUS IS GOD 3 months ago

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Jesus Christ loves you and wants to save you from sin and its consequences. He died on the cross for your sins, was buried, and rose again on the third day. Believe in Him, accept His gift of forgiveness, and receive eternal life! (John 3:16).jdndb
EEEIII WE ARE DEAD 3 months ago

MAHAMA AND ATO, WHAT'S GOING ON OH?

MAHAMA AND ATO, WHAT'S GOING ON OH?
Dungeon Master 3 months ago

They are busy going after Abronye.

They are busy going after Abronye.
Stephen Donkor, New York. 3 months ago

JOHN MAHAMA AND HIS NDC ARE SUPER INCOMPETENT.

NOW, WHERE IS MAHAMA’S NEW MAGIC TOUCH?

THEY ARE IN FULL CONTROL RIGHT NOW. SO LETS SEE HOW THEY WILL CONTROL THE FOREX MARKET!

ACTUALLY GHANAIANS ARE EAGERLY WAITI ...
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JOHN MAHAMA AND HIS NDC ARE SUPER INCOMPETENT.

NOW, WHERE IS MAHAMA’S NEW MAGIC TOUCH?

THEY ARE IN FULL CONTROL RIGHT NOW. SO LETS SEE HOW THEY WILL CONTROL THE FOREX MARKET!

ACTUALLY GHANAIANS ARE EAGERLY WAITING FOR THE JOHN CRIBO MAHAMA’S NEW MAGIC WAND HE PROMISED GHANAIANS!

Akuffo-Addo spent a lot of money and effort to cushion the Cedi against the US dollar just before the 2024 elections and the impending busy Christmas import season. Just that the effect wasn’t felt because of the fear of instability during the 2024 elections and the busy Christmas season as well as some few other reasons.

But shortly after one of the most peaceful elections ever in Ghana’s history was over and John Incompetent Mahama and his government were sworn into office, the fear of post election violence subsided, so Ghanaians started selling the dollars they have heaped in their possessions, thereby creating a panic selling frenzy of the green bills ( dollar). Somehow the American currency wasn’t able to withstand the mad rush by which Ghanaians started to dispose their caches since some reliable financial news reports pointed a gloomy picture of prospects of the king of the world’s currencies, so the more the reports, the more Ghanaians considered the green bill a total liability and subsequently causing the price to come crashing. At that time the new NDC administration was yet to put together their cabinet, but they quickly started claiming credit for the cascading prices of the currency

Meanwhile they had just forced the NPP finance minister to read a provisional budget statement, and threatened to arrest him if he dare refused to read a provisional budget for the beginning of the year. If Mahama and his incompetent knows how to stabilize the rate of the Cedi, this is the time to prove themselves.

AZAA NDC ! THEY MANAGED TO PERSUADE MOST NPP SUPPORTERS THAT THERE WAS NO HOPE IN THE AKUFFO-ADDO AND BAWUMIA GOVERNMENT, AND THAT GHANA WOULD BURN IF THEY LOSE THE 2024 ELECTIONS, AND THAT EXPLAINS WHY MOST OF THE NPP VOTERS WERE CAUGHT IN APATHY AND DIDN’T EVEN BOTHER THEMSELVES TO VOTE AT ALL. THE PROVINCIAL REPORT FROM THE EC SUGGESTED THAT MORE THAN FOUR MILLION VOTERS MUST’VE STAYED AWAY FROM VOTING IN DECEMBER 2024 ELECTIONS.
Joe T 3 months ago

Oh! Stephen Donkor aden, aden.

Oh! Stephen Donkor aden, aden.
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musa 3 months ago

There is nothing they can do bcos the realities are setting inn. The real value of the cedi is 15.5 to a dollar as previously.

There is nothing they can do bcos the realities are setting inn. The real value of the cedi is 15.5 to a dollar as previously.
Prof. USA 3 months ago

What’s the Ghana Gold Board doing with our gold? Can’t the government use the purchased gold to shore up the Cedi? That’s the norm everywhere in the world and that’s what we thought they were doing to stabilize the Ce ...
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What’s the Ghana Gold Board doing with our gold? Can’t the government use the purchased gold to shore up the Cedi? That’s the norm everywhere in the world and that’s what we thought they were doing to stabilize the Cedi! What happened?
Akwasi Borga 3 months ago

Did you know that China is the world’s biggest producer of gold, and yet they export 0 percent of their gold while still importing gold from other countries like Ghana?
Also, did you know that the Chinese government actual ...
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Did you know that China is the world’s biggest producer of gold, and yet they export 0 percent of their gold while still importing gold from other countries like Ghana?
Also, did you know that the Chinese government actually prefer a weaker currency to make their exports very competitive?
I know having a strong cedi is good for imports, but if we want to make our exports more competitive, we might have to stop this artificial currency appreciation wahala. It is nice and exciting in the short term, but are we trying to encourage an economy which is largely import driven, without strengthening our export sector, where real economic growth lies?
kelewele 3 months ago

The Ghanaian economy is useless..

The Ghanaian economy is useless..

Kanawu, USA 3 months ago

The fundamentals will expose NDC

The fundamentals will expose NDC
Kwame 3 months ago

The IMF and the world Bank will never work in your interest. These heads of these institutions are appointed by US and big European countries. When the Cedis startee doing well and currency started losing value to the cedi, ...
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The IMF and the world Bank will never work in your interest. These heads of these institutions are appointed by US and big European countries. When the Cedis startee doing well and currency started losing value to the cedi, then they have pull the plucks to ensure that we go back to the begging state. They continue to control us through neoliberalism unfortunately.
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Nkwasia Sem 3 months ago

Hmmmmm they are being exposed. I was sure the initial stability was fake and induced

Hmmmmm they are being exposed. I was sure the initial stability was fake and induced
Kojois 3 months ago

Where is Ato Forson and his illiterate ndc followers fools. Only ghana can ndc rule. Criminals

Where is Ato Forson and his illiterate ndc followers fools. Only ghana can ndc rule. Criminals
A Ghanaian. 3 months ago

WHERE ARE THE PROFESSORS BOPKIM GATSE ETC WHO WERE PRAISING THE GOVERNMENT ABD SSIDVTHE CEDI APPRECIATION WAS SUSTAINABLE. SHAME

WHERE ARE THE PROFESSORS BOPKIM GATSE ETC WHO WERE PRAISING THE GOVERNMENT ABD SSIDVTHE CEDI APPRECIATION WAS SUSTAINABLE. SHAME
The Wiseman 3 months ago

Very soon they will stop saying 'aban papa aba'. On its way to NGC20=$1.00. Ghanaians will soon remember the 'dwarf' as they say.

Very soon they will stop saying 'aban papa aba'. On its way to NGC20=$1.00. Ghanaians will soon remember the 'dwarf' as they say.
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Cedi depreciates to GH¢12.05 against the US dollar

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