Bank of Ghana must step in to halt cedi slide - Kpebu

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CEDI NÒ APIKI APIKI APIKI 2 months ago

Where is Ato- Forson?

Where is Ato- Forson?
Simeon London 2 months ago

Asem s3 b3!!!!

Artificial hedging to address price hikes which tends to favour importers or allow natural fall to earn more foreign exchange from exports especially from gold and cocoa . Lol!

Let's see where the govern ...
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Asem s3 b3!!!!

Artificial hedging to address price hikes which tends to favour importers or allow natural fall to earn more foreign exchange from exports especially from gold and cocoa . Lol!

Let's see where the government draw the lines as is about to spend on some of its campaign promises.

Kwatakwata December de3 1Ghs = ? .....!! Your guess is as good as mine lol
.mr amin 2 months ago

If your children are facing problems why can't you step in to save the situation if you have the money, govt should work hard to relieve Ghanaians from there wicked Britain wood institution which has never make any country fi ...
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If your children are facing problems why can't you step in to save the situation if you have the money, govt should work hard to relieve Ghanaians from there wicked Britain wood institution which has never make any country financially sound, BoG should immediately intervene, we have the gold so give the imf it money, useless IMF and WB
.mr amin 2 months ago

How do you export when machinery are expensive due to weak cedi I think we should allow the cedi to be stronger to be able import machines to restructure the economy to boost our economy

How do you export when machinery are expensive due to weak cedi I think we should allow the cedi to be stronger to be able import machines to restructure the economy to boost our economy
Mr. Smith 2 months ago

Ato Forson can't do foko. The IMF controls the BOG and the president!! They run our economy now.

Ato Forson can't do foko. The IMF controls the BOG and the president!! They run our economy now.
Dr who 2 months ago

BoG injected $1.4 billion in Q1 2025 alone—an aggressive approach relative to the size of Ghana’s economy is not sustainable.
China on the other hand sets a daily reference rate (the “central parity” or “fix� ...
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BoG injected $1.4 billion in Q1 2025 alone—an aggressive approach relative to the size of Ghana’s economy is not sustainable.
China on the other hand sets a daily reference rate (the “central parity” or “fix”), around which the yuan is allowed to trade within a narrow band (currently 2%)—this rate sends clear signals to the market about policy intention. Ghana has yet to send a clear intention as its instruments are not in alignment compared with China
Chris 2 months ago

If the BOG can sustain it's intervention, why not? We are losing some of the gains. Prices of some goods have started going up. The earlier some thing is done the better.

If the BOG can sustain it's intervention, why not? We are losing some of the gains. Prices of some goods have started going up. The earlier some thing is done the better.
Detector 2 months ago

Chris, which gains are you talking about? The so-called gains were just on paper. Most goods had their prices going up during the appreciation of the cedi. A few stayed stable and only a tckle ones of no value actually droppe ...
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Chris, which gains are you talking about? The so-called gains were just on paper. Most goods had their prices going up during the appreciation of the cedi. A few stayed stable and only a tckle ones of no value actually dropped in prices?

Have you asked yourself why the government imposed a whopping 14.8% tariff on electricity even in during the period the cedi was appreciating? It tells you that the government itself did not believe in the appreciation.
MP 2 months ago

To solve a problem requires identifying the root cause and tackle is from there.
Is the root cause of the cedi depreciation because BOG not intervening?

Things might look a bit better now because gold & cocoa prices are g ...
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To solve a problem requires identifying the root cause and tackle is from there.
Is the root cause of the cedi depreciation because BOG not intervening?

Things might look a bit better now because gold & cocoa prices are good, what happens when both go south?

Hmmmm
Kwaku 2 months ago

Corruption is facilitated by currencies that swing like the yo yo. Is it that the present head of the Central Bank has never lived in third world countries with solid stable currencies?

Corruption is facilitated by currencies that swing like the yo yo. Is it that the present head of the Central Bank has never lived in third world countries with solid stable currencies?

Accranie 2 months ago

@Counsel/If One Takes A Walk Down Memory Lane/ In 2007 Ghana Did A Re-Denomination Of The Local Currency/ This Ceremonial Currency Gimmick SomeHow Managed To Put 1USD to ¢0.92/ Eighteen Years After The Re-Denomination Exerci ...
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@Counsel/If One Takes A Walk Down Memory Lane/ In 2007 Ghana Did A Re-Denomination Of The Local Currency/ This Ceremonial Currency Gimmick SomeHow Managed To Put 1USD to ¢0.92/ Eighteen Years After The Re-Denomination Exercise 1USD Fetched One ¢12/ A Depreciation Of The Local Currency Of One Thousand Two Hundred Percent Over/ An Eighteen Years
Me mfa Borg3 3ny3 swine 2 months ago

Across try to compete with the dollars. Hehehe, Mahama had been brainwashed with money to go for deportees from the USA who are not Ghanaians into Ghana. What a stupid easy Mahama man .

Across try to compete with the dollars. Hehehe, Mahama had been brainwashed with money to go for deportees from the USA who are not Ghanaians into Ghana. What a stupid easy Mahama man .
Kwaky 2 months ago

So called leading minds. Comparing Ghana with China?

So called leading minds. Comparing Ghana with China?
Sade Suetoaai 2 months ago

Since independence Ghana don't have industrial base no railway infrastructure development how can such a nation currency fight mighty dollar
Ghana should focus on critical infrastructure development rather than the dollar

Since independence Ghana don't have industrial base no railway infrastructure development how can such a nation currency fight mighty dollar
Ghana should focus on critical infrastructure development rather than the dollar
SA 2 months ago

BOG is sleeping and talking as usual, which is what they are good at, blowing hot air while businesses are suffering, air condition boys, know it all and knows nothing.

BOG is sleeping and talking as usual, which is what they are good at, blowing hot air while businesses are suffering, air condition boys, know it all and knows nothing.
jj 2 months ago

this loose talker thinks he's an economist now? stick to what you know. I blame the TV stations and radio stations. we talk too much in this country.

this loose talker thinks he's an economist now? stick to what you know. I blame the TV stations and radio stations. we talk too much in this country.
Ghanaba 2 months ago

It’s time we call a spade a spade. Let’s do away with temporary fix and find a lasting solution. An economy is built on concrete foundations, we all as a nation must accept our responsibility to sacrifice a little hardshi ...
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It’s time we call a spade a spade. Let’s do away with temporary fix and find a lasting solution. An economy is built on concrete foundations, we all as a nation must accept our responsibility to sacrifice a little hardship so we can build from the ground up rather than the temporary fixes which have failed us so many years.
AGYA Yaw 2 months ago

The “24-hour” economy in action. I’m yet to receive my “akokcba” from the “nkokc’nkete nkete” policy as promised by our president to help boost the economy and support the viability of the Ghana cedis currenc ...
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The “24-hour” economy in action. I’m yet to receive my “akokcba” from the “nkokc’nkete nkete” policy as promised by our president to help boost the economy and support the viability of the Ghana cedis currency.
Richard 2 months ago

This guy is empty with regards to economics and finance. China rather devalued their currency to boost local manufacturing and exports. This also helps to create jobs and increase foreign investment. Obama in 2013 was fightin ...
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This guy is empty with regards to economics and finance. China rather devalued their currency to boost local manufacturing and exports. This also helps to create jobs and increase foreign investment. Obama in 2013 was fighting china for devaluing their currency and called it cheating. He called on the WORLD TRADE ORGANIZATION to sanction China for doing that because China was attracting all foreign investment leaving the rest behind.
I believe the Cedi productive value is 15 because when it was around that value there were a lot of dollars in the country and easily accessible. It shouldn’t go beyond 15 to a dollar.
Tamale North Boy 2 months ago

Martin, you are Jack of All Trades and Master of None. BoG hasn't the money. Simple.

Martin, you are Jack of All Trades and Master of None. BoG hasn't the money. Simple.

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Bank of Ghana must step in to halt cedi slide - Kpebu

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