Cedi further strengthens to sell at GH¢10.50 per $1 on Bloomberg FX data

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Jesus Is God 8 months ago

Jesus Christ is coming soon so repent now..

Jesus Christ is coming soon so repent now..
J 8 months ago

Ghanaians shd be worried at what is going on instead of jubilating. The Nigerian Naira and Zambian Kwacha just like other currencies are all gaining strength against the USA Dollar. We shouldn't think Trump is a Fool ,he has ...
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Ghanaians shd be worried at what is going on instead of jubilating. The Nigerian Naira and Zambian Kwacha just like other currencies are all gaining strength against the USA Dollar. We shouldn't think Trump is a Fool ,he has something he has planned for this decision.
be wise 8 months ago

You are wise. The Americans never take a decision without thinking through it. For now the world is jubilating, thinking the USA is losing her grip on the global economy. Little did they know the USA is resetting the system f ...
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You are wise. The Americans never take a decision without thinking through it. For now the world is jubilating, thinking the USA is losing her grip on the global economy. Little did they know the USA is resetting the system for a new fundamental.

It will only mean that in 20 years to come, a country that has a low collective intelligence will fall and fail flat. Particularly, African countries that only love to make noise about African unity without any sense of collective intelligence to make it possible will be in turmoil. There will be unrest in various African countries due to our greed and foolishness.

This will clearly expose the propaganda that it is because of the white man interference in Africa that is why Africa is not developing, when the actual reason why we are not developing is our lack of collective intelligence. We hate those who could bring meaningful life to the masses and praises crooks who are able to make or steal money.

Very soon, most Caucasian countries will be asking africans to leave their country with monetary offers. They will ask africans to come for money to leave their country. For instance, Sweden and Norway have started that, come for 25,000 dollars and go back to your country.

when all the caucasian countries do that, there we will find out whether the black man is indeed loving and caring to each other as we claim. Because there, there will be no white man to blame but ourselves.

We are soo greedy and stupid soo much so that the devil no longer spends time to deceive us anymore.
Charlie 8 months ago

My brother go back and look at the history of the the US dollar very well. It was 80% the world reserve currency but currently it's about 53% of the world reserve currency. It has been predicted that the Euro may replace the ...
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My brother go back and look at the history of the the US dollar very well. It was 80% the world reserve currency but currently it's about 53% of the world reserve currency. It has been predicted that the Euro may replace the dollar very soon. The BRICS country are developing their own currency. The US is fighting a war that he will loose soon. Look at how the Chinese government is very bold and challenging the US trade and tariffs. And you are here saying things that you don't even understand. The dollar is gradually loosing value and Trump and his people don't have any strategy have you listen to how dump and stupid Trump keep changing the policy. Please go and read and do proper research
be wise 8 months ago

You statement is not far from reality. However my take was not necessarily on the dollar (even though I did not make it clear). The USA already know that the uniqueness of global power was dwindling long ago. That notwithstan ...
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You statement is not far from reality. However my take was not necessarily on the dollar (even though I did not make it clear). The USA already know that the uniqueness of global power was dwindling long ago. That notwithstanding, is different from the wrong impression that the USA don't know what they are doing and that they USA will completely loss their grip on global economic affairs.

And I am saying that, that is a wrong perception, because the decision the USA is taking now is what I term "a callback". Because they've realized that the world has seen thru their tactics of using divide and conquer. So they are rebasing the strategy of global affairs, so that manufacturing could also come back to their states (and probably to the western world and not solely left in the hands of China and Taiwan or the Asian Countries).

Because the earlier the Americans realize that they can't have it both ways, the better. And indeed, they've realized that.
The BRICS countries will succeed but American will never be left behind with their new strategy. By so doing, no one will again blame them directly on global turmoil again. Before, even if Europe was behind most turmoil, the world easily assumed it was the USA. But now things are changing.

So the onus will lie on countries that are really performing against countries that only make noise as if it is someone doing them bad.
These great countries, especially the western world have "thinkers" who are accepted and reveled by their people hence they do calculations about economic policy directions.

Unlike the case of Africa where we don't even have a niche of "thinkers" but all left in the hands of politicians. So there is a big difference between these western and most Asian countries as compared to we Africans.

Sweden and Norway, I mean the Scandinavian countries recently started this project of giving away sums of monies to African migrants to return back to their countries. And I am saying that all those things are planned as well. The "Thinkers" of Europe likely met for such decisions. So countries like UK, Germany etc that depends massively on foreign labor may not implement the same policy soon but they will begin to do that when the time is ripe.

This should tell you that collective intelligence work with the westerners and it barely doesn't exist in Africa. In Africa everything is "let live for the moment" no collective intelligence. Hence even if we join BRICS or not will not have influence on our evil praise for looters against "thinkers".

We "play without formation" in modern African societies. So our gains of the cedi is not a panacea of success.
Charlie 8 months ago

Look at countries like Singapore, the European Union countries, canada, Australia, New Zealand, Kuwait, Dubai, baharain and also Bahamas which is smaller country all this countries are rich countries and you will see that the ...
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Look at countries like Singapore, the European Union countries, canada, Australia, New Zealand, Kuwait, Dubai, baharain and also Bahamas which is smaller country all this countries are rich countries and you will see that they all have strong currencies. Just having a strong currencies takes a lot of effort and planning to achieve that. Do you know the number of jobs and poverty that will be reduced with a strong currency? And the scandivians countries issue the real reason is because most of the black people migrating to those countries are unskilled people and are not really contributing to the country. Have many doctors or Engineers have you ever seen being deported? Again go and make your research well
Charlie 8 months ago

The cedi appreciation is a strong pancea for success. Those Ghanaians that travel abroad to do all sort of work is it not because those countries have stronger currencies such than when you change you get a lot of cedis?
Do ...
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The cedi appreciation is a strong pancea for success. Those Ghanaians that travel abroad to do all sort of work is it not because those countries have stronger currencies such than when you change you get a lot of cedis?
Do you know the number of Ghanaians that will come back home if the dollar falls like 6 or 5 ghc to 1$? It seems you don't understand what's happening
be wise 8 months ago

Ok, think about it this way: let's reverse back to time. When the cedi was 1 GHC to 1 dollar, were Ghanaians well-off? Weren't Ghanaians seeking greener pastures at the time?

I did indicate that the UK and Germany are not ...
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Ok, think about it this way: let's reverse back to time. When the cedi was 1 GHC to 1 dollar, were Ghanaians well-off? Weren't Ghanaians seeking greener pastures at the time?

I did indicate that the UK and Germany are not doing what the Scandinavian countries are doing because they need more labor. So the issue of quality labor will always be sorted by everybody. In other words, had it not been because of a Black man's or a Black African's skills, nobody would want us for anything, but that shouldn't be the case. And it proves my statement that when these countries sort out all their current issues (for Germany, their fertility has gone very low, and for the UK, they just need a substitute - they will prefer other countries much more than Africans). This is shown clearly in the recent attacks on Blacks (foreigners) in the UK; they mostly singled out Africans and left the rest.

This should tell you that if we Africans do not create a program that "collates" the "thinkers" in our societies and make use of them, but rather resort to the usual praise of politicians who most often make a fool out of us, in the future we will stand to lose when the rest of the world improves.

So instead of us worrying about how the USA is falling, including their currency (when in actuality they thought it out that way), we should rather worry about our porous, non-thinking economic and societal policies. Because for the USA, it is a policy redirection - they only do what benefits them in the long run, and they think through it.
So our currency gains should not cause us to think all is well (even if joyous). We should have thinking economic and societal policies, from music to everything that has influence on our conscience, before we could claim stability. Else the gains of our currency are indeed not a panacea of success.
Cpl kanjaga 8 months ago

I just checked the story online and is true. End of the black man !! Our leaders full of evil

I just checked the story online and is true. End of the black man !! Our leaders full of evil
Charlie 8 months ago

The dollar would not rebound countries like China, Japan are selling their US bonds which means they're loosing faith in the dollar. Trump and his dump and stupid team who don't know what they are doing are causing this. Have ...
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The dollar would not rebound countries like China, Japan are selling their US bonds which means they're loosing faith in the dollar. Trump and his dump and stupid team who don't know what they are doing are causing this. Have seen the tariff challenge the Chinese Government boldly resisted? Please read and do more research

Kobina Wusu 8 months ago

I suppose Trump is governing your country. Jus be serious and work like the ant.

I suppose Trump is governing your country. Jus be serious and work like the ant.
King 8 months ago

No matter how weak or strong the Dollar may seem to be in the future. The fact is that, Ghana is endowed with natural resources and if these are being managed and exported for foreign currency by uncorrupt leaders the Dollar ...
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No matter how weak or strong the Dollar may seem to be in the future. The fact is that, Ghana is endowed with natural resources and if these are being managed and exported for foreign currency by uncorrupt leaders the Dollar will always fall.
This sharp fall of the dollar is because corruption has been taken out of the equation and no matter what Trump does the Cedis will remain strong unless 1. The Gold and the Oil is finished underneath the country and 2. corruption sets in.
Kk 8 months ago

Exactly, other currencies in the world are gaining strength against the dollar but not only Ghana.
This is a global currency gains.

I think it’s basically as a result of the trade war .

Exactly, other currencies in the world are gaining strength against the dollar but not only Ghana.
This is a global currency gains.

I think it’s basically as a result of the trade war .
Good Governance Policy 8 months ago

Please tell Dr. Bawumia and his cohorts that the government's policy, which is positively impacting the exchange rate, is a strong example of good governance. Such a policy is one of the best things a government can offer its ...
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Please tell Dr. Bawumia and his cohorts that the government's policy, which is positively impacting the exchange rate, is a strong example of good governance. Such a policy is one of the best things a government can offer its citizens.
Kweku 8 months ago

What is the exchange rate at the Tema Port when customs are calculating the import duty for importers? In Ghana everything is artificial. Bank of Ghana exchange rate is always different from the rate that custom officers use ...
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What is the exchange rate at the Tema Port when customs are calculating the import duty for importers? In Ghana everything is artificial. Bank of Ghana exchange rate is always different from the rate that custom officers use at the Tema Port.
Kweku 8 months ago

Will the exchange rate at the Tema Port also change by customs officials?

Will the exchange rate at the Tema Port also change by customs officials?
KWABENA KASAPREKO. 8 months ago

THIS IS THE MORE REASON WHY WE VOTED FOR PRESIDENT MAHAMA TO COME IN AND LEAD GHANA. STUPID EX-PRESIDENT AKUFO ADDO CAME TO STEAL GHANA'S MONEY TO THE TUNE OF $900 MILLION U.S. DOLLARS TO STASH A FOREIGN BANK. DON'T WE HAV ...
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THIS IS THE MORE REASON WHY WE VOTED FOR PRESIDENT MAHAMA TO COME IN AND LEAD GHANA. STUPID EX-PRESIDENT AKUFO ADDO CAME TO STEAL GHANA'S MONEY TO THE TUNE OF $900 MILLION U.S. DOLLARS TO STASH A FOREIGN BANK. DON'T WE HAVE BANKS IN GHANA, IF THIS MONEY WASN'T STOLEN ? WHY DID HE SEND THE MONEY TO A FOREIGN BANK, IF IT WAS NOT STOLEN ? FELLOW GHANAIANS, ASK YOURSELVES THIS QUESTION, PLEASE ??? $900 MILLION U.S DOLLARS ???????
Wo tah bon 8 months ago

How long for though?

How long for though?
Justice 8 months ago

Very good news.

Very good news.
Samafu 8 months ago

And this is the guy akufo addo/bawumia/dame spent eight year trying to jail.

And this is the guy akufo addo/bawumia/dame spent eight year trying to jail.

Chairman 8 months ago

Some people self, as cedis was depreciating, they said it was because of Russia Ukraine war
But now that the cedis is appreciating they are saying it's because of US Chinese trade war

Kudos to the current government

Gl ...
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Some people self, as cedis was depreciating, they said it was because of Russia Ukraine war
But now that the cedis is appreciating they are saying it's because of US Chinese trade war

Kudos to the current government

Glory be to God
Hannan 8 months ago

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;))) Single women are waiting for you on -->> Fun4.top
Bazz 8 months ago

Don't worry, Ghanaians are wise, they would know if it's government intervention or global effects. There is so much propaganda in Ghana, every reasonable person know that the government is on top of issues

Don't worry, Ghanaians are wise, they would know if it's government intervention or global effects. There is so much propaganda in Ghana, every reasonable person know that the government is on top of issues

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Cedi further strengthens to sell at GH¢10.50 per $1 on Bloomberg FX data

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