Cedi strengthens to sell at GH¢10.40 to $1 on May 27

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Pris 6 months ago

Ato Forson has killed me

Ato Forson has killed me
Benji 6 months ago

NPP will be upset that Ghana is winning. They want to poo poo these gains by saying the dollar is weak, even though the cedi is appreciating against all major currencies, but they also want to take credit. Must be hard for th ...
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NPP will be upset that Ghana is winning. They want to poo poo these gains by saying the dollar is weak, even though the cedi is appreciating against all major currencies, but they also want to take credit. Must be hard for them.
P Djamgbe 6 months ago

NPP, never again! I'm very positive that if those incompetent bunch (the NPP) were in power these so-called Trump's trade wars would have had rather negative effects on our economy - once you are incompetent nothing can help ...
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NPP, never again! I'm very positive that if those incompetent bunch (the NPP) were in power these so-called Trump's trade wars would have had rather negative effects on our economy - once you are incompetent nothing can help you
Jesus Is God 6 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)
Kuzkuz 6 months ago

it's good but ato and co should please take it easy for local prices to drop as well,we the borgas in ghana have suffered papa,local prices arent reducing not to talk about other responsibilities,wishing Ghana the best anyway

it's good but ato and co should please take it easy for local prices to drop as well,we the borgas in ghana have suffered papa,local prices arent reducing not to talk about other responsibilities,wishing Ghana the best anyway
DAILY CASH-INCOME IS KING - GET THIS MONEY-MAKING SKILL - NOT SCAM, MAGIC OR PRAYER ALONE 6 months ago

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Bazz 6 months ago

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yaw cool 6 months ago

prices of goods and services are still the same in Ghana

prices of goods and services are still the same in Ghana
AGBESI KWASI 6 months ago

Ghana does not practice price control. Business must simply respond to the positive change. Alternatively, consumers will have to choose where they shop from. Buy less and the prices will begin to go down.

Ghana does not practice price control. Business must simply respond to the positive change. Alternatively, consumers will have to choose where they shop from. Buy less and the prices will begin to go down.
Capricorn 6 months ago

Very good analysis

Very good analysis

Adam 6 months ago

Exactly

Exactly
Kwasi 6 months ago

The recent cedi appreciation is a laudable idea. But I feel that the rate of appreciation is too fast and may distort it's impact on the local economy. The only people benefitting from the rapid fall of the dollar are the imp ...
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The recent cedi appreciation is a laudable idea. But I feel that the rate of appreciation is too fast and may distort it's impact on the local economy. The only people benefitting from the rapid fall of the dollar are the importers. Foodstuffs are still expensive, and so are medicines and fuel prices.
Apart from the sale of gold nothing has changed fundamentally in the economy.
So whatever is happening behind the scenes this rapid rise in the value of the cedi has disincentives.
The dollar became weak because of poor tariff policy in the US, but the slide has stopped. Ghana has not reported any significant growth rate in GDP or any new initiatives to increase the standard of living. Therefore there should caution in our desire to obtain a strong currency overnight.
Hmmm 6 months ago

Fuel prices have reduced though

Fuel prices have reduced though
Price reduction 6 months ago

The big supermarkets are still selling at old prices and now making huge profits from the people . Total stealing pretending they don’t know anything.

The big supermarkets are still selling at old prices and now making huge profits from the people . Total stealing pretending they don’t know anything.
Justice 6 months ago

Most Ghanaians are hypocrite, greedy and cheats. We all need to repent from this bad behaviour and live to please God. There are consequences for every bad action we take. It will come back knocking at your at the time you ha ...
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Most Ghanaians are hypocrite, greedy and cheats. We all need to repent from this bad behaviour and live to please God. There are consequences for every bad action we take. It will come back knocking at your at the time you have forgotten that you did something bad in the past.
Missionary Thomas 6 months ago

Cedi gaining strength is good news. But Ndc government should understand if prices of goods continue to shoot up what is the significance for the gains made. Pls Ndc let Ghanaians feel the reduction of goods prices otherwise ...
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Cedi gaining strength is good news. But Ndc government should understand if prices of goods continue to shoot up what is the significance for the gains made. Pls Ndc let Ghanaians feel the reduction of goods prices otherwise what's is happening doesn't make any good impact on the economy
Benji 6 months ago

NDC are not traders.

NDC are not traders.
K O Nash 6 months ago

The Mahama corruption is not strengthening the poor CEDI but the Dollar is going down that has make your corrupt CEDI look good. Fools don’t celebrate your CEDI doesn’t worth for shirt.Mahama has done nothing to help the ...
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The Mahama corruption is not strengthening the poor CEDI but the Dollar is going down that has make your corrupt CEDI look good. Fools don’t celebrate your CEDI doesn’t worth for shirt.Mahama has done nothing to help the poor CEDI but is all because of what’s going on in the USA. Stop making the Mahama corruption government look good corrupt government country and people i said this before you all doesn’t understand nothing but corruption lies stealing dummy people.
Kwame 6 months ago

@K O Nash, get lost with this your Skin Pain; if this had happened last year under Nana Addo you guys would have been all over the place congratulating yourselves. Twerp!

@K O Nash, get lost with this your Skin Pain; if this had happened last year under Nana Addo you guys would have been all over the place congratulating yourselves. Twerp!
Y2K 6 months ago

@Kwame, say it again!

@Kwame, say it again!

But why so strong? 6 months ago

Private sector Manufacturers and Exporters, are under threat from this strong Cedi, and will lose their overseas markets as well as local market to "cheaper" imports. Ghana will lose investment and jobs.

Private sector Manufacturers and Exporters, are under threat from this strong Cedi, and will lose their overseas markets as well as local market to "cheaper" imports. Ghana will lose investment and jobs.
gh 6 months ago

is better than whole ghanaians sufering , stop been greedy

is better than whole ghanaians sufering , stop been greedy
Kay 6 months ago

The dollar selling at 10 is still good money for exporters. Ghanaians will find problems For any solution

The dollar selling at 10 is still good money for exporters. Ghanaians will find problems For any solution
Owusu Agyei, Suhum 6 months ago

Ghanaians understanding of business is just to make profit every second no matter the prevailing conditions. This is the reason we are all struggling. Imagine the dollar went up to 20gh, traders would have immediately increas ...
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Ghanaians understanding of business is just to make profit every second no matter the prevailing conditions. This is the reason we are all struggling. Imagine the dollar went up to 20gh, traders would have immediately increased their products to a price that will enable them to maintain their profits in their next importation. Business is about satisfying your client and keeping them. You can sometimes go into business to just break even for the sake of your clients. This is why Nigerians do better in business than Ghanaians. Nigerians look at volumes than huge margins per product, that is selling about 200phones per week at a margin of 100gh per phone than selling 3phones in a week at a margin of 300gh per phone. The dollar and other major currencies will continue to fall with the kind of discipline we are seeing in leadership.
Price reduction 6 months ago

So the big business traders are still selling at the old price as though nothing has happened and the people with dollars have to change their dollars at almost half the new price and purchase goods at the old price.
The p ...
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So the big business traders are still selling at the old price as though nothing has happened and the people with dollars have to change their dollars at almost half the new price and purchase goods at the old price.
The price has almost doubled. The owners of the big business shops are making a massive profit they take all the plentiful cedis and buy dollars at a cheap price .
So if you had your savings in dollars then you can say about 40% of your money is gone into the pockets of the greedy traders who refuse to reduce their prices.
So if the traders reduce their prices they can go buy dollars the same like before but if they maintain the old price they are getting plenty dollars at the expense of the people. LEGAL STEALING
gh 6 months ago

Ato forson dont listen anyone, take ghana cedis to ghc5 or below to a dollar and i will personally campaign for u for 2028 presidential campaign..if it was npp by now dollar is ghc20 and they will blame it on america china ru ...
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Ato forson dont listen anyone, take ghana cedis to ghc5 or below to a dollar and i will personally campaign for u for 2028 presidential campaign..if it was npp by now dollar is ghc20 and they will blame it on america china rubbish..
HARD -Talk 6 months ago

Many Companies and Ghanaians outside with their hard earned Dollar and Euro may be subject to stop their investment and projects until prices are equalised. Businesses may not be as usual. Challenging day’s ahead of busines ...
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Many Companies and Ghanaians outside with their hard earned Dollar and Euro may be subject to stop their investment and projects until prices are equalised. Businesses may not be as usual. Challenging day’s ahead of business men!
Hannan 6 months ago

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Cedi strengthens to sell at GH¢10.40 to $1 on May 27

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