From GH¢4-GH¢16 to a Dollar: Dr. Kwakye speaks on the depreciation of the cedi against major trading currencies

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• Yankey 1 year ago

  Why should anyone be surprised at the rate of Cedi exchange devaluation? The exchange rate is largely control by demand and supply. Our economy is flooded with all kinds of imported goods financed from the foreign currency p ...
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  Why should anyone be surprised at the rate of Cedi exchange devaluation? The exchange rate is largely control by demand and supply. Our economy is flooded with all kinds of imported goods financed from the foreign currency proceeds. All the wealthy ones are trying to buy/ horde or store their wealth in foreign currency. The country has Weak control over the forex bureau operators. The black market, operated by the Alhajis, do so freely with impunity and pay no tax on their wealth. The people in government enjoy such laxity in administration of the foreign currency regulations because it suits them. Selfish leadership, only the poor suffers. Nothing can stop the decline of the Cedi exchange devaluation until we get honest people in power.

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• GHANA CAN HAVE 10 000 OILFIELDS BUT THE ECONOMY WILL NEVER IMPROVE BECAUSE OUR LEADERS ARE ALL CORRUPT AND LAZY VISIONLESS IDIOTS. 1 year ago

  GHANA CAN HAVE 10 000 OILFIELDS BUT THE ECONOMY WILL NEVER IMPROVE BECAUSE OUR LEADERS ARE ALL CORRUPT AND LAZY VISIONLESS IDIOTS.

  GHANA CAN HAVE 10 000 OILFIELDS BUT THE ECONOMY WILL NEVER IMPROVE BECAUSE OUR LEADERS ARE ALL CORRUPT AND LAZY VISIONLESS IDIOTS.

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• Gh 1 year ago

  When the cedi was,Ghs4 to dollar, the fundamentals were weak, said Bawumia in 2016.But today, the cedi is four times worst than it was in 2016,but the fundamentals currently cannot be said to be weak but strong. So how can I ...
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  When the cedi was,Ghs4 to dollar, the fundamentals were weak, said Bawumia in 2016.But today, the cedi is four times worst than it was in 2016,but the fundamentals currently cannot be said to be weak but strong. So how can I give my vote to such an idiot who is seeking my vote to a President.

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• Accranie 1 year ago

  Gh. must be realistic and down to earth about their expectations

  Gh. must be realistic and down to earth about their expectations

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• ORIGINAL PEACEMAKER 1 year ago

  NO VISAS FOR NDC LEADERSHIP AND FAMILY MEMBERS TO TRAVEL ABROAD UNTIL WE SEE PEACEFUL ELECTIONS IN DECEMBER.

  NO VISAS FOR NDC LEADERSHIP AND FAMILY MEMBERS TO TRAVEL ABROAD UNTIL WE SEE PEACEFUL ELECTIONS IN DECEMBER.

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• Joko 1 year ago

  What does that have to do with cedi depreciation you idiot???. NPP fools are all unintelligent

  What does that have to do with cedi depreciation you idiot???. NPP fools are all unintelligent

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• Ben 1 year ago

  Cedi has declined 400% and not 75% over the period in question

  Cedi has declined 400% and not 75% over the period in question

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• OBENG 1 year ago

  Another Kwakye?

  Another Kwakye?

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