Cedi firms to GH¢10.62 per dollar - Bloomberg data

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Buluu 2 months ago

When the exchange rate is......... the cedis will...... .you .

Good job Papa JM

When the exchange rate is......... the cedis will...... .you .

Good job Papa JM
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Scam Alert 2 months ago

Be careful with this guy. He has scammed a lot of people already

Be careful with this guy. He has scammed a lot of people already
Ashley6 2 months ago

Only stupid people will fall for this scam.

Only stupid people will fall for this scam.
Farming 2 months ago

Buy your catfish Juveniles from us with as little as 2 cedis per fish to start your business and also get free guidance and training to help you succeed, we also have fish feed and tanks available on sale. 0265583388
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Buy your catfish Juveniles from us with as little as 2 cedis per fish to start your business and also get free guidance and training to help you succeed, we also have fish feed and tanks available on sale. 0265583388
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.mr amin 2 months ago

Good news, we should improve our purchasing power to up lift demand for goods and services, if import are cheap it brings relief to Ghanaians, govt should neglect the exporters and the AGI their export has never reduced petro ...
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Good news, we should improve our purchasing power to up lift demand for goods and services, if import are cheap it brings relief to Ghanaians, govt should neglect the exporters and the AGI their export has never reduced petrol prices or goods and services but the appreciation of the cedi does that it reduces the price of goods and services that is what governance is about to bring down the cost of living
JESUS IS GOD 2 months ago

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 ...
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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)..jjddj
Nii 2 months ago

Wonderful

Wonderful
Francis Mccarthy 2 months ago

There’s too much $DOLLARS at the BANK OF GHANA’S DISPOSAL because of BOLDBOARD so, the cedis APPRECIATION is beyond their CONTROL.

There’s too much $DOLLARS at the BANK OF GHANA’S DISPOSAL because of BOLDBOARD so, the cedis APPRECIATION is beyond their CONTROL.
Kramai 2 months ago

very foolish

very foolish

Kramai 2 months ago

...is that the only reason

...is that the only reason
Bonaparte Odoi 2 months ago

This artificial injection of so much million to cushion the local currency doesn't make sense. The only way to help the economy grow is the export more and import less... You put up a publication that you would let the market ...
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This artificial injection of so much million to cushion the local currency doesn't make sense. The only way to help the economy grow is the export more and import less... You put up a publication that you would let the market determined the forex .... Ghana is a scum . People in the helm of affairs are not working
TT 2 months ago

You should be happy that we even have the dollars to be pumping. Under the previous government, either the bank of Ghana had to wait for some cocoa syndicated loan, or synohydro loan, Eurobonds, grants, or cut new currencies ...
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You should be happy that we even have the dollars to be pumping. Under the previous government, either the bank of Ghana had to wait for some cocoa syndicated loan, or synohydro loan, Eurobonds, grants, or cut new currencies to support the cedi.
Kwame 2 months ago

Gold, cocoa, oil, and remittances are all important sources of export revenue. If local companies are still struggling to export despite various forms of government support, perhaps it's time to appreciate the role of governm ...
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Gold, cocoa, oil, and remittances are all important sources of export revenue. If local companies are still struggling to export despite various forms of government support, perhaps it's time to appreciate the role of government-led exports in stabilizing the cedi. Some traders in Abossey Okai continue to rely heavily on imported used parts, often referred to as "home use." While setting up local manufacturing—such as a screw and nut plant—would be a valuable step, it hasn’t materialized yet. Even with improvements in the dollar rate and port charges, prices for these parts remain high. In this context, it seems reasonable for the Bank of Ghana to use its export earnings to help provide some economic relief.
.mr amin 2 months ago

Exports hasn't reduced the prices we should not be saying due to export the cedi should be weak it makes the people poor, goods and services expensive and unaffordable, unaffordability creates unemployment because patronage w ...
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Exports hasn't reduced the prices we should not be saying due to export the cedi should be weak it makes the people poor, goods and services expensive and unaffordable, unaffordability creates unemployment because patronage will be low so the cedi should be allowed to appreciate to a single digit with the support of our gold,
Nat 2 months ago

Gold is part of our export

Gold is part of our export
.mr amin 2 months ago

Am talking about the AGI when the cedi is appreciating they cry saying their exports will be expensive, so should Ghanaians suffer for that,

Am talking about the AGI when the cedi is appreciating they cry saying their exports will be expensive, so should Ghanaians suffer for that,
Wise one 2 months ago

Good job mahama! Where are those cynical npp idiots who spoilt the economy and are just praying ndc to fail so they come back to power to steal.
A group of dirty criminals and greedy pigs who is always interested in sik ...
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Good job mahama! Where are those cynical npp idiots who spoilt the economy and are just praying ndc to fail so they come back to power to steal.
A group of dirty criminals and greedy pigs who is always interested in sika, sika, sika, ...The thieves claimed there were fighting corruption by establishing the so- called special prosecutor.
Shamo 2 months ago

Continue doing the artificial nonsense whiles your revenue continue to fall , useless government.

Continue doing the artificial nonsense whiles your revenue continue to fall , useless government.
Biscabay 2 months ago

Mumu, your inept and useless government couldn't do it so you're not happy it's happening under ndc, kwasiakwa

Mumu, your inept and useless government couldn't do it so you're not happy it's happening under ndc, kwasiakwa

BLUE ELEPHANT 2 months ago

Shamo, no wahala!!!! Next time you go to the forex bureau or bank to buy dollars tell the abokyi or bank manager you are prepared to pay ghc17.00 to the dollar which was the rate in December 2024, instead of the current rate ...
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Shamo, no wahala!!!! Next time you go to the forex bureau or bank to buy dollars tell the abokyi or bank manager you are prepared to pay ghc17.00 to the dollar which was the rate in December 2024, instead of the current rate of ghc 10.60 to the dollar because the bank of ghana is intervening too much in the market .Shamo the wiseman!!!!!!
Tonto 2 months ago

It should come down to 1 cedi 1 dollar for one year please....No swinging

It should come down to 1 cedi 1 dollar for one year please....No swinging
.mr amin 2 months ago

Tonto I second your message the cedi is key to our well being and economy

Tonto I second your message the cedi is key to our well being and economy
Kk 2 months ago

This is fake. The finance minister is holding on to monies of public and civil servants. The dollar os doing well at the expense of the suffering working class of this country. The President must advice the finance minister b ...
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This is fake. The finance minister is holding on to monies of public and civil servants. The dollar os doing well at the expense of the suffering working class of this country. The President must advice the finance minister before he loses the public goodwill. People can't suffer because you want macroeconomic indices to look good.
Osei Bonsu 2 months ago

When Bawumia and Nana Addo held on to the bonds of sick and dying pensioners, did the cedi appreciate. You write without thinking first. It was the massive stealing from the various ministries with no work to show for the big ...
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When Bawumia and Nana Addo held on to the bonds of sick and dying pensioners, did the cedi appreciate. You write without thinking first. It was the massive stealing from the various ministries with no work to show for the big budgets that was causing the cedi to depreciate under Bawumia as head of the economic management team.
Osei Bonsu 2 months ago

Bawumia cannot sleep with this news. NDC should never allow any of their presisential candidates to debate Bawumia ever. From now onwards, any comment by Bawumia on the economy should be responded by the minister for gender a ...
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Bawumia cannot sleep with this news. NDC should never allow any of their presisential candidates to debate Bawumia ever. From now onwards, any comment by Bawumia on the economy should be responded by the minister for gender and social pr9tection. Hehehe
Pogas 2 months ago

Yes, go down to 5 cedis !!

Yes, go down to 5 cedis !!
Kwame panin 2 months ago

makes business planning very difficult. Are there ni business people in this government?

makes business planning very difficult. Are there ni business people in this government?
Think more, Speak less 2 months ago

Chew and Pour Economist.

Chew and Pour Economist.
Osei Bonsu 2 months ago

Chew and pour like Bawumia.

Chew and pour like Bawumia.

SA 2 months ago

This time the appreciation of the Cedi is going to be steeper, we have more US Dollars in Ghana than any country in Africa, people are going to panic and flood the market with Dollars. The Bank of Ghana should get ready to bu ...
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This time the appreciation of the Cedi is going to be steeper, we have more US Dollars in Ghana than any country in Africa, people are going to panic and flood the market with Dollars. The Bank of Ghana should get ready to buy US Dollars at a cheaper rate, at 1 Dollar to 5 or 6 Cedis, another way to increase our reserve. This is a win win situation for Bank of Ghana, inject more US Dollars into the market, stay consistent for 5 to 6 months, and people will be forced to sell the Dollars that they have hoarding for years.
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Alidu 2 months ago

Don't make hay while the sun shines, it too early to jubilate. the stability should be focused. if not this heavy margin of fluctuation is very dangerous as it makes it difficult to plan and forecast

Don't make hay while the sun shines, it too early to jubilate. the stability should be focused. if not this heavy margin of fluctuation is very dangerous as it makes it difficult to plan and forecast
Alidu 2 months ago

Does it even make economical sense to have dollars depreciated with a very big margin in 72 hours, and you are happy? Honestly, the high sense of illiteracy in Ghana is the reason why politicians and playing with few noble Gh ...
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Does it even make economical sense to have dollars depreciated with a very big margin in 72 hours, and you are happy? Honestly, the high sense of illiteracy in Ghana is the reason why politicians and playing with few noble Ghanaians
Akwasi Borga 2 months ago

Say it again. So many illiterates making comments and supporting this unsustainable scam

Say it again. So many illiterates making comments and supporting this unsustainable scam
Byrd 2 months ago

It's isn't the dollar depreciating, it's the Cedi appreciating, there is a different. But your point is sound. Unfortunately, this level of volatility is not good and the current appreciation is likely unsustainable long term ...
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It's isn't the dollar depreciating, it's the Cedi appreciating, there is a different. But your point is sound. Unfortunately, this level of volatility is not good and the current appreciation is likely unsustainable long term.
Williams 2 months ago

We all want Ghanas currency to flourish but the issue is with Ghanas vendors. They don’t like to do the correct thing and adjust the prices accordingly. People will save their money and it will hurt the economy either way.

We all want Ghanas currency to flourish but the issue is with Ghanas vendors. They don’t like to do the correct thing and adjust the prices accordingly. People will save their money and it will hurt the economy either way.
Fireman 2 months ago

Woooooow, the best that have ever happened to Ghana. Ghana is great again.

Woooooow, the best that have ever happened to Ghana. Ghana is great again.
What's is fake or artificial? 2 months ago

Enemies of progress. Prices are falling and fuel prices are falling.Cement is now 85 cedis a bag instead of 109 , so what's is fake and artificial about that? Bag of rice was 200 cedis and today is 115 cedis, and you're telli ...
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Enemies of progress. Prices are falling and fuel prices are falling.Cement is now 85 cedis a bag instead of 109 , so what's is fake and artificial about that? Bag of rice was 200 cedis and today is 115 cedis, and you're telling us is fake.Some of you're politically MAD. NONSENSE
Obroniba 2 months ago

JDM and Ato Forson must be arrested for making Ghanaians know who a real economist is. To move the cedi from 17 to 10 cedis to a dollar is a very huge amount of achievement. So what is that fake blockhead economic messiah gon ...
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JDM and Ato Forson must be arrested for making Ghanaians know who a real economist is. To move the cedi from 17 to 10 cedis to a dollar is a very huge amount of achievement. So what is that fake blockhead economic messiah gonna tell Ghanaians after his whack and noisy economic lectures and credentials? They only came to power to steal and mess up the country. They're truly thieves with no manners and dignity who ruled us with their foolishness, gross mismanagement and stupidity. Never again. I pray JDM and NDC continue on this tangent so that Ghanaians shall keep those bunch of highly incompetent blockhead thieves at where they are till 3098. Mother serpent himself has trained his son to be a prolific liar. Bawuliar is his real name

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Cedi firms to GH¢10.62 per dollar - Bloomberg data

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