Have you recovered the $ you sold in the past year? What is the pint of throwing good money after the bad?
Have you recovered the $ you sold in the past year? What is the pint of throwing good money after the bad?
HUMANISM 8 years ago
SO DONOR COUNTRIES (THOSE YOU CALL DEVELOPMENT PARTNERS WHOSE GOOD ADVICE YOU NEVER ADOPT) GAVE YOU THIS MONEY TO BE USED TO JACK UP YOUR FALLING CEDI ?
AFTER YOU HAVE MISMANAGED AND STOLEN MONEY FROM THE VAULT ?
SO DONOR COUNTRIES (THOSE YOU CALL DEVELOPMENT PARTNERS WHOSE GOOD ADVICE YOU NEVER ADOPT) GAVE YOU THIS MONEY TO BE USED TO JACK UP YOUR FALLING CEDI ?
AFTER YOU HAVE MISMANAGED AND STOLEN MONEY FROM THE VAULT ?
johnson 8 years ago
The exchange rate of the cedi to $ should increase prices of imports and encourage export businesses through reallication of resources of businesses. Is it therefore goid for Govts over the time to artificially shore up the c ... read full comment
The exchange rate of the cedi to $ should increase prices of imports and encourage export businesses through reallication of resources of businesses. Is it therefore goid for Govts over the time to artificially shore up the cedi? Reallocation of resources through demand and supply is a dlow painful process but it works
PEKI TUMU 8 years ago
This is a waste. of good money
This is a waste. of good money
Jim wise 8 years ago
I can understand u we don't print dollars in this country and we need to produce , eat , wear , drink and grow Ghana ! How come we allow aliens to change currency in every nook& crany? Where is our security ? Why should we ... read full comment
I can understand u we don't print dollars in this country and we need to produce , eat , wear , drink and grow Ghana ! How come we allow aliens to change currency in every nook& crany? Where is our security ? Why should we allow these Nigerian Banks into our country even a bank coming from an island Trinidad & Tobago ???cant Ghanaians mobilize deposits?
FAITHGROWS 8 years ago
what didnt you say in the past and what have been the results? get serious!
what didnt you say in the past and what have been the results? get serious!
Loway 8 years ago
Not by borrowing to pay interest
Not by borrowing to pay interest
Ilunga 8 years ago
The intervention is temporary and would worsen the case in the near future. Money supply from borrowing to stabilize the currency of an economy who has very inlastic demand for imports is like hog wash.
Better invest the ... read full comment
The intervention is temporary and would worsen the case in the near future. Money supply from borrowing to stabilize the currency of an economy who has very inlastic demand for imports is like hog wash.
Better invest the money into population control and improvement of total factor productivity of indigenous Ghanaians.
The results will take a long time to materialize but in the long run, it will. When imports become too expensive from free market operations, and owing to improvement in total factor productivity, the alternative domestic goods are of better quality and less expensive, the market will shift towards consumption of domestic goods.
trufbtold 8 years ago
shieeeeeee, Ghana paaa nie??hmmm.some idiots will try to defend the indefensible
shieeeeeee, Ghana paaa nie??hmmm.some idiots will try to defend the indefensible
Open Eye 8 years ago
Unqualified!
Unqualified!
saaaa 8 years ago
Henry Kofi Wampah must go to save NDC from humiliating defiate
Henry Kofi Wampah must go to save NDC from humiliating defiate
Kwaku 8 years ago
People. Please educate me. Wampah cannot solve the problem this way. The big boys go to the auction and buy the dollars. The little boys have to then get the dollars from them at a price that drags the cedi down further. In t ... read full comment
People. Please educate me. Wampah cannot solve the problem this way. The big boys go to the auction and buy the dollars. The little boys have to then get the dollars from them at a price that drags the cedi down further. In this scenario they are left with no alternative than to hoard the dollars outside the banking system.
Farmer 8 years ago
They are desperate to throw a bone at the IMF delegation which is in the country to evaluate the progress of the bail out agreement. They will never publish when they reduce the market intervention again in a few weeks. You w ... read full comment
They are desperate to throw a bone at the IMF delegation which is in the country to evaluate the progress of the bail out agreement. They will never publish when they reduce the market intervention again in a few weeks. You will only recognize it by the speed at which the Cedi is going down.
Have you recovered the $ you sold in the past year? What is the pint of throwing good money after the bad?
SO DONOR COUNTRIES (THOSE YOU CALL DEVELOPMENT PARTNERS WHOSE GOOD ADVICE YOU NEVER ADOPT) GAVE YOU THIS MONEY TO BE USED TO JACK UP YOUR FALLING CEDI ?
AFTER YOU HAVE MISMANAGED AND STOLEN MONEY FROM THE VAULT ?
The exchange rate of the cedi to $ should increase prices of imports and encourage export businesses through reallication of resources of businesses. Is it therefore goid for Govts over the time to artificially shore up the c ...
read full comment
This is a waste. of good money
I can understand u we don't print dollars in this country and we need to produce , eat , wear , drink and grow Ghana ! How come we allow aliens to change currency in every nook& crany? Where is our security ? Why should we ...
read full comment
what didnt you say in the past and what have been the results? get serious!
Not by borrowing to pay interest
The intervention is temporary and would worsen the case in the near future. Money supply from borrowing to stabilize the currency of an economy who has very inlastic demand for imports is like hog wash.
Better invest the ...
read full comment
shieeeeeee, Ghana paaa nie??hmmm.some idiots will try to defend the indefensible
Unqualified!
Henry Kofi Wampah must go to save NDC from humiliating defiate
People. Please educate me. Wampah cannot solve the problem this way. The big boys go to the auction and buy the dollars. The little boys have to then get the dollars from them at a price that drags the cedi down further. In t ...
read full comment
They are desperate to throw a bone at the IMF delegation which is in the country to evaluate the progress of the bail out agreement. They will never publish when they reduce the market intervention again in a few weeks. You w ...
read full comment