Cedi continues to depreciate, now trading at GH¢11.90 to the dollar

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JAY,GA PEOPLE STAND UPP 3 months ago

HMMM THE CEDI IS NOW RUNNING AWAY!!!I AM DISAPPOINTED IN THE CURRENT FALL OF THE CEDI FROM 10.40 TO NOW 11.90 GH CEDIS TO $1!!!THE CEDI COULDN'T MAINTAIN IT'S GOOD APPRECIATION FOR 6 MONTHS!!!I GUESS TGIS IS BECAUSE THE IMF W ...
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HMMM THE CEDI IS NOW RUNNING AWAY!!!I AM DISAPPOINTED IN THE CURRENT FALL OF THE CEDI FROM 10.40 TO NOW 11.90 GH CEDIS TO $1!!!THE CEDI COULDN'T MAINTAIN IT'S GOOD APPRECIATION FOR 6 MONTHS!!!I GUESS TGIS IS BECAUSE THE IMF WARNED BOG NOT TO INTERFERE IN THE FOREX MARKET!!!
Musa 3 months ago

At best the cedi can be stabilized. The factors that support appreciation of the cedi is non existent in Ghana.
Artificially appreciating the cedi is unsustainable

At best the cedi can be stabilized. The factors that support appreciation of the cedi is non existent in Ghana.
Artificially appreciating the cedi is unsustainable
Ofa Atta ( Convert) 3 months ago

Thank God. This is a very good news for those of us in abroad. Now when we work hard and send our money we will get the right value. We have really suffered in the past 5 months.

Thank God. This is a very good news for those of us in abroad. Now when we work hard and send our money we will get the right value. We have really suffered in the past 5 months.
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Happy 3 months ago

Am just happy ..those of us in akwantiom

Am just happy ..those of us in akwantiom
Mensa 3 months ago

The Cedi is rebelling against 419,Azaa methods used to throw dust into the eyes of Ghanaians.
Ndc and awam are siamese twins

The Cedi is rebelling against 419,Azaa methods used to throw dust into the eyes of Ghanaians.
Ndc and awam are siamese twins
Nkwasia Sem 3 months ago

Oh na your gold finish? How long can you lie to your people?

Oh na your gold finish? How long can you lie to your people?
Alidu 3 months ago

The proceedings from the IMF bailout was pumped into the economy, that is why IMF warned them, but to score political points they made the whole thing seem to as if they are doing magic in the name of Gold whatever. any way t ...
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The proceedings from the IMF bailout was pumped into the economy, that is why IMF warned them, but to score political points they made the whole thing seem to as if they are doing magic in the name of Gold whatever. any way the reality has come now
Lord Peppers 3 months ago

Cedi depreciated for about 7 months but prices rather escalated. What kind of fiscal principle is this??
Why didn’t the govt stabilize the cedi where it was and take advantage of the windfall???
Let’s be realistic and ...
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Cedi depreciated for about 7 months but prices rather escalated. What kind of fiscal principle is this??
Why didn’t the govt stabilize the cedi where it was and take advantage of the windfall???
Let’s be realistic and accept that we only need a stable cedi and not an overly appreciated cedi.
Kokoo Nyisafor 3 months ago

Bank interest rates are high so it's affecting production cost.
Lowering interest rates reduces the cost of production, brings prices down and help the inflow of forex through export.

So for the cedi to stablise the gover ...
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Bank interest rates are high so it's affecting production cost.
Lowering interest rates reduces the cost of production, brings prices down and help the inflow of forex through export.

So for the cedi to stablise the government must look at reducing the lending rates of the banks to single digit. Our export will be very competitive and therefore more forex in flow, and jobs.

Kojois 3 months ago

Where is ndc noise makers

Where is ndc noise makers
TT 3 months ago

It’s been 9 months and the dollar is still below 17 cedis. That in itself is an achievement so far as economic management in Ghana is concerned.

It’s been 9 months and the dollar is still below 17 cedis. That in itself is an achievement so far as economic management in Ghana is concerned.
Detector 3 months ago

And who told you that the dollar hit 17 cedis? Idiot. Remove the political goggle you are wearing and learn sense a bit.

And who told you that the dollar hit 17 cedis? Idiot. Remove the political goggle you are wearing and learn sense a bit.
Osonoba 3 months ago

Because IMF and WORLD BANK has been warning you people at the helm of affairs at Bank of Ghana not to supply dollars to the Ghanaian people and you obey them now your people are suffering. Are you happy? then why do we pay yo ...
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Because IMF and WORLD BANK has been warning you people at the helm of affairs at Bank of Ghana not to supply dollars to the Ghanaian people and you obey them now your people are suffering. Are you happy? then why do we pay you with tax payers money?

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Cedi continues to depreciate, now trading at GH¢11.90 to the dollar

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