Cedi will end 2016 Gh¢4.7 to a dollar – Databank

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j.k. Atta 9 years ago

More people should invest in farming of rice,cashew,grains etc. Taxes on farm imputs and farm products should be abolished in order to make our farmers the richest people in the country. This will in turn drive exports in or ...
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More people should invest in farming of rice,cashew,grains etc. Taxes on farm imputs and farm products should be abolished in order to make our farmers the richest people in the country. This will in turn drive exports in order to keep the cedi stable.
James Tetteh 9 years ago

You even made worse prognoses last year and what did we see? the dollar ended the year around 3.8.. lts unfortunate such scumbags are not arrested whe they spew such nonsense

You even made worse prognoses last year and what did we see? the dollar ended the year around 3.8.. lts unfortunate such scumbags are not arrested whe they spew such nonsense
KOO 9 years ago

Why would it interest this man to predict doom for Ghana?.This is just the reality on the ground.It is unfortunate that some people want to hear only good news when there is no good news.

Why would it interest this man to predict doom for Ghana?.This is just the reality on the ground.It is unfortunate that some people want to hear only good news when there is no good news.
SUNKWA 9 years ago

THE SO-CALLED EXPERT DOES NOT KNOW WHAT CONFIDENCE MEANS TO AN ECONOMY. TRYING TO TALK DOWN AN ECONOMY IS NOT THE WAY TO PROVE EXPERTISE OR ENLIGHTENMENT. BEST TO COME UP WITH IDEAS & SUGGESTIONS BASED ON RESEARCH OR OBSERVAT ...
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THE SO-CALLED EXPERT DOES NOT KNOW WHAT CONFIDENCE MEANS TO AN ECONOMY. TRYING TO TALK DOWN AN ECONOMY IS NOT THE WAY TO PROVE EXPERTISE OR ENLIGHTENMENT. BEST TO COME UP WITH IDEAS & SUGGESTIONS BASED ON RESEARCH OR OBSERVATIONS RATHER THAN SPECULATIVE CONJECTURE... ALAS, HERE IS A FAVOURITE OF SOME LAZY MEDIAFOLK
OWEN-NEW YORK 9 years ago

YOU CALL THIS MAN A DOOM MONGER ? GO BACK TO SCHOOL BECAUSE YOU ARE HALF-BAKED.

YOU CALL THIS MAN A DOOM MONGER ? GO BACK TO SCHOOL BECAUSE YOU ARE HALF-BAKED.
wuntira 9 years ago

What if the cedi does not end the year at the rate predicted? This is aimed at fueling speculation which will encourage people to buy the dollar now and hold further putting pressure on the cedi. This is an old trick by these ...
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What if the cedi does not end the year at the rate predicted? This is aimed at fueling speculation which will encourage people to buy the dollar now and hold further putting pressure on the cedi. This is an old trick by these so-called financial analysts aimed at sabotaging the economy. I hope the BOG will come out quickly to debunk this.
SBD 9 years ago

Please get a copy of his report and read for yourself. This is a report and you may realize that his analysis is not porous, but based on certain positions his has taken or assumed.
There is no sense in acting like the ostr ...
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Please get a copy of his report and read for yourself. This is a report and you may realize that his analysis is not porous, but based on certain positions his has taken or assumed.
There is no sense in acting like the ostrich on the state of the Ghanaian economy.

The BoG cannot do anything to debunk what Mr. martey is saying. Unfortunately people like you can be fooled by the government...the Ghanaian economy sucks and there is no case can be made for a stronger currency.
Ibrahim Adamu 9 years ago

A stronger currency does not necessarily mean a stronger economy... compare the japanese yen and chinese Yuan with the cedi and tell me our economy is better than japan and china... Think people.

A stronger currency does not necessarily mean a stronger economy... compare the japanese yen and chinese Yuan with the cedi and tell me our economy is better than japan and china... Think people.
Bright 9 years ago

some countries sometimes intentionally devalue their currency to boost growth of their economy.. so dont play politicts with exchange rate and talk good economic ideas.

some countries sometimes intentionally devalue their currency to boost growth of their economy.. so dont play politicts with exchange rate and talk good economic ideas.
KEN 9 years ago

THE WORTHLESS GHANA CEDE WILL BE GOING DOWN IN VALUE LIKE THIS CORRECT REPORT SHOWS IT IS BASE ON FACTS AND TREND NOT SPECULATION AND DENIAL LIKE YOU WANT TO BELIVE.
FINAL NOTE; MAHAMA RE-ELECTION WILL MAKE THE DOLLAR ...
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THE WORTHLESS GHANA CEDE WILL BE GOING DOWN IN VALUE LIKE THIS CORRECT REPORT SHOWS IT IS BASE ON FACTS AND TREND NOT SPECULATION AND DENIAL LIKE YOU WANT TO BELIVE.
FINAL NOTE; MAHAMA RE-ELECTION WILL MAKE THE DOLLAR -CEDE EXCHANGE PROBEBLY 7 CEDE TO -1 DOLLAR SO THAT IS REALITY WHETHER YOU LIKE IT OR NOT

Bright 9 years ago

some countries sometimes intentionally devalue their currency to boost growth of their economy.. so dont play politicts with exchange rate and talk good economic ideas.

some countries sometimes intentionally devalue their currency to boost growth of their economy.. so dont play politicts with exchange rate and talk good economic ideas.
Elizabeth 9 years ago

Its true so countries devalue their currency to enhance export but the question is , how much does Ghana export. In a country like Ghana where much of the things we use is been imported, how does the currency deflation helps ...
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Its true so countries devalue their currency to enhance export but the question is , how much does Ghana export. In a country like Ghana where much of the things we use is been imported, how does the currency deflation helps the average Ghanaian.
Most of the building materials use in Ghana is imported. It will be much expensive to build a house in Ghana with devalue currency. Also this prediction is good for investors who have to face with the challenges of currency crisis, a real danger in wealth erosion. This has nothing to do with politics. It's for the good people if Ghana. You will appreciate this guy if you are into capital investment
ScHoly 9 years ago

Analysis right on point and evidence based. Govt should start taking steps at this

Analysis right on point and evidence based. Govt should start taking steps at this
Bright 9 years ago

lf devaluation of currency is so bad.. then why would the us be complaining if china devalues its currency..
Stop the politics abd tell the people truth.. dont behave if the dollar becomes 1:1to the cedi our problems are sol ...
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lf devaluation of currency is so bad.. then why would the us be complaining if china devalues its currency..
Stop the politics abd tell the people truth.. dont behave if the dollar becomes 1:1to the cedi our problems are solved...
Ghana 9 years ago

The solution to all these problems facing Ghana is that Mahama must be voted out. He 's lost of ideas to turn things around.

The solution to all these problems facing Ghana is that Mahama must be voted out. He 's lost of ideas to turn things around.
ed 9 years ago

AND THEN WE WILL HAVE A 10-1 CEDE AND DOLLR EXCHANGE

AND THEN WE WILL HAVE A 10-1 CEDE AND DOLLR EXCHANGE
kwasi 9 years ago

Nonsense.

Nonsense.
DAUDA 9 years ago

IT IS PAINFUL TO HEAR THAT BUT IT IS A REAL TALK.RE-ELECT MAHAHA IS A SUICIDE.

IT IS PAINFUL TO HEAR THAT BUT IT IS A REAL TALK.RE-ELECT MAHAHA IS A SUICIDE.
Joe Turkey 9 years ago

At some point, the borrowing to stabilize the cedi is going to end. Ghana will be fully leveraged, John Mahama will be spending on stupid political projects to win power and stealing whatever he can. The accountant Tekper has ...
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At some point, the borrowing to stabilize the cedi is going to end. Ghana will be fully leveraged, John Mahama will be spending on stupid political projects to win power and stealing whatever he can. The accountant Tekper has no clue what financial planning is about. Bank of Ghana,s Wampah has no balls to even advise the arrogant and corrupt NDC government. From September to December 2016, the cedi will downward-spiral like a lead ball. I am not talking about a miracle; I don't even believe in it.
mr amin. 9 years ago

Why predict doom for the cede do know the effect of a weak currency, that so n called marten should be jailed. We need the value of our money, we can't afford losing the value of our money at the same time increament in utili ...
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Why predict doom for the cede do know the effect of a weak currency, that so n called marten should be jailed. We need the value of our money, we can't afford losing the value of our money at the same time increament in utilities

mensa 9 years ago

as long as you got mahama and his voodoo economy is in place ,that will be the results

as long as you got mahama and his voodoo economy is in place ,that will be the results
ATM 9 years ago

People like this guy are there to do whatever they can do harm to country, they conspire with foreigners for their self interest. They're the same people manipulating the currency to benefit other countries

People like this guy are there to do whatever they can do harm to country, they conspire with foreigners for their self interest. They're the same people manipulating the currency to benefit other countries
prekoh 9 years ago

This article helps the government to planning well ahead in order to avoid that adverse effects.

This article helps the government to planning well ahead in order to avoid that adverse effects.
Bell nono 9 years ago

Why are currency speculators allowed to operate freely this way.

Why are currency speculators allowed to operate freely this way.

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Cedi will end 2016 Gh¢4.7 to a dollar – Databank

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