Cedi records biggest gain in 2015

Read Article

Comments (13)

This article is closed for comments.

Read Comments Comments (13)

Saint Ghfuo: Nyantakyi must go! 10 years ago

Why Loans won't help Ghana
India remains poor despite receiving over $30billion. Bangladesh is the world's 3rd highest recipient of loans, and the world's 3rd poorest. Argentina is the 3rd highest recipient of Imf loans, and ...
read full comment

Why Loans won't help Ghana
India remains poor despite receiving over $30billion. Bangladesh is the world's 3rd highest recipient of loans, and the world's 3rd poorest. Argentina is the 3rd highest recipient of Imf loans, and yet their GDP has remained relatively the same since 1958. Only Russia and South Korea have had better fortunes. They diversified their economies, placed emphasis on strong rule of law and strong policy making, and tackled public sector corruption. This is what Ghana must do. Always relying on external loans to bail you out of your primitive behavior is unwise.
Dr. Kwame Osei 10 years ago

yES WE SHOULD COPY GREECE - THE GREECE PEOPLE HAVE GOT SENSE BECAUSE THEY KNOW THE IMF CONDITIONS WILL KILL THEM BUT HERE IN GHANA OUR STUPID GOVERNMENT beleives evertything thewhite man tells them so runs to the IMF like hea ...
read full comment

yES WE SHOULD COPY GREECE - THE GREECE PEOPLE HAVE GOT SENSE BECAUSE THEY KNOW THE IMF CONDITIONS WILL KILL THEM BUT HERE IN GHANA OUR STUPID GOVERNMENT beleives evertything thewhite man tells them so runs to the IMF like headless chickend and let the IMF tell trhem what to do and that is why we have thge so-called dereulation othe pertoluem sector, the lay off of workers and the freeze on public sector employment, stop in subsidising the electricity and gas and this is why they have privatied the ECG which will result in higher energy bills for Ghanaians and also becuase they have de-regulated the petroluem sector, the price of petrol will go up every month, as a result the price of food, school fees, transporatation and other things will go up - GOD HELP GHANA - WE WILL BE LIKE GREECE!!
Prof Tom Buabeng 10 years ago

Someone must tell me. The last time we went for IMF structural adjustment loans what happened to the economy? Ghana economy collapsed. Ghanaians became poorer and our life span dropped drastically. Why do we think this time i ...
read full comment

Someone must tell me. The last time we went for IMF structural adjustment loans what happened to the economy? Ghana economy collapsed. Ghanaians became poorer and our life span dropped drastically. Why do we think this time it would be better time around?
Nii 10 years ago

I concur

I concur
Withheld 10 years ago

Smartest comment I have ever read on here. Good job!!!

Smartest comment I have ever read on here. Good job!!!
Dr. Kwame Osei 10 years ago

IT WILL NOT LAST!!! BY CHRISTMAS EVERYTHING WILL GO PEARSHAPED AGAIN.

IT WILL NOT LAST!!! BY CHRISTMAS EVERYTHING WILL GO PEARSHAPED AGAIN.
Current Cedi Movements 10 years ago

Cedi current movements, one step forward and eight steps back, or vice versa.

Sankwass, or incompetent friends and family in charge of the economy and governance.

Senyo Hosi is a NDC crook.

Cedi current movements, one step forward and eight steps back, or vice versa.

Sankwass, or incompetent friends and family in charge of the economy and governance.

Senyo Hosi is a NDC crook.
K Man 10 years ago

Sounds like a lot of speculators have been hedging their bets against the dollar. Such sharp rises just from IMF statement alone....hmmmmm. Let's wait and see on this because come end of the year I think we will be hitting re ...
read full comment

Sounds like a lot of speculators have been hedging their bets against the dollar. Such sharp rises just from IMF statement alone....hmmmmm. Let's wait and see on this because come end of the year I think we will be hitting record drops again.

there is no stabile economic base to the cedi appreciating against any hard currency and come 2016 in election year (when NDC starts to chp and spend on electioneering) you see the rate plummet.
ANKOBEA-HENE 10 years ago

When the doctor gives the prescription, you may choose to take instructions and take the bitter pills or keep them in the closet.

When the doctor gives the prescription, you may choose to take instructions and take the bitter pills or keep them in the closet.
Dr Payne 10 years ago

Suffer to Gain

Suffer to Gain

jerry 10 years ago

PEOPLE STOP BELIVING THESE LIES O THE DOLLAR IS VERY STRONG AND THE CEDE CANNOT BE TRUSTED AS CURRENCY

PEOPLE STOP BELIVING THESE LIES O THE DOLLAR IS VERY STRONG AND THE CEDE CANNOT BE TRUSTED AS CURRENCY
NDC 10 years ago

THE DOLLAR IS FINISHED THE CEDI WILL RULE

THE DOLLAR IS FINISHED THE CEDI WILL RULE
Waste of Money Hedging the Cedi 10 years ago

The monetary fundamentals is weak to waste time and money hedging the Cedi. How long can this be sustained just to see it slide backwards sooner than later. Fix the root cause not the finnesse

The monetary fundamentals is weak to waste time and money hedging the Cedi. How long can this be sustained just to see it slide backwards sooner than later. Fix the root cause not the finnesse

13 Comments

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

Cedi records biggest gain in 2015

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (13)

Read Comments Comments (13)