Foreign currency deposits grow

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Henkey 10 years ago

You dont need to know econmics to realise that Wampah, Tekper, and nii moi thompson combination economic team is a farce. Can and I repeat CAN only be glorifeid under FOOLS called NDC and led by one dramani. They are too infa ...
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You dont need to know econmics to realise that Wampah, Tekper, and nii moi thompson combination economic team is a farce. Can and I repeat CAN only be glorifeid under FOOLS called NDC and led by one dramani. They are too infantile in the real modern economics term
Chawchaw 10 years ago

And others in our bankrupt media landscape, who take comfort in reporting doom and gloom about this country`s economy!
after years of providing false ammunition to the detractors of the current administration, even the folk ...
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And others in our bankrupt media landscape, who take comfort in reporting doom and gloom about this country`s economy!
after years of providing false ammunition to the detractors of the current administration, even the folks at IMANI Ghana,[Cudjoe & cohorts] have realized their folly, and ae starting to sing a different tune!
None 10 years ago

1$ = 3.2 Ghc..last week, now 3.75 Ghc....Now they stop that 20 million daily pump...se whats it now...hahahahaah

1$ = 3.2 Ghc..last week, now 3.75 Ghc....Now they stop that 20 million daily pump...se whats it now...hahahahaah
p djamgbe 10 years ago

None, don't mind them. I'm a die-hard NDC fan but when I read the news on ghanaweb that the government took a loan from IMF and was pumping $20m into the system every day that's why the Ghc started gaining ground, I said what ...
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None, don't mind them. I'm a die-hard NDC fan but when I read the news on ghanaweb that the government took a loan from IMF and was pumping $20m into the system every day that's why the Ghc started gaining ground, I said what kind of rubbish is that. So what happens when the borrowed money finishes? I've said this before and I'm saying it again that the difference between our the so called highly educated leaders and the rest of us who are not highly educated is that there is absolutely no difference
caribb 10 years ago

the best part is yet to come the repayment of the imf loan

the best part is yet to come the repayment of the imf loan
Dx 10 years ago

Seriously, someone explain this to me. Why do we deposit $2.73B abroad while we have abject poverty at home? To borrow more money, to show off,why? Also,Pumping the Cedi is nonsense. INDUSTRIALIZE!

Seriously, someone explain this to me. Why do we deposit $2.73B abroad while we have abject poverty at home? To borrow more money, to show off,why? Also,Pumping the Cedi is nonsense. INDUSTRIALIZE!
DeCokehead 10 years ago

Another NPP idiot! Always sabotaging his own country because of power! Unpatroitic elements labelled as patroits. God will keep you in your rightful place until you change for good. Seek power decently and God will grant it, ...
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Another NPP idiot! Always sabotaging his own country because of power! Unpatroitic elements labelled as patroits. God will keep you in your rightful place until you change for good. Seek power decently and God will grant it, not maliciously.
Nana 10 years ago

Comics..

Comics..
Farmer 10 years ago

BoG has created the most crazy FOREX chaos anyone has ever seen since Breton Woods. In a market like this everyone is of course engaged in speculation by adjusting any buying and selling to the expected movement of the exchan ...
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BoG has created the most crazy FOREX chaos anyone has ever seen since Breton Woods. In a market like this everyone is of course engaged in speculation by adjusting any buying and selling to the expected movement of the exchange rate. This includes importers, exporters, banks, forex bureaus and expats. Nobody wants to lose, everyone wants to gain personally.

This automatically leads to market movements with a tendency to get out of control. Up and down movements accelerating and becoming heftier all the time with no means to stop them. It looks to me that the BoG has just initiated such a vicious cycle.
TK 10 years ago

....and for Wampah to say he is going to pump in $20 million a day again in the near future, fuels the speculation business. Basically, Wampah and co, have created a new line of business in Ghana for currency speculators at ...
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....and for Wampah to say he is going to pump in $20 million a day again in the near future, fuels the speculation business. Basically, Wampah and co, have created a new line of business in Ghana for currency speculators at home and around the globe. Under this arrangement, you can double you money at Ghana's expense. In the long run, Ghana will be saddled with some serious debt that can never be repaid. The Chinese gov't sees that and has decided not to give any more loans to Ghana.

caribb 10 years ago

what is coming down the road is a Grease
in Africa with a domino affect Ghana will not be able to repay the IMF and will default
the solution is not in how much money u can spend

what is coming down the road is a Grease
in Africa with a domino affect Ghana will not be able to repay the IMF and will default
the solution is not in how much money u can spend
sojourner in usa 10 years ago

She quit teaching to hide behind or under righteous explanation and toughts. I see hollywood luv, men of mortal valor posting their faces and photos under as if that is scripture. When the message is listed on your mind and h ...
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She quit teaching to hide behind or under righteous explanation and toughts. I see hollywood luv, men of mortal valor posting their faces and photos under as if that is scripture. When the message is listed on your mind and heart then you're protected. That is the only way. Salvation comes with all the goodies of the Creator and noone can beat that with it worldly valor. You can wear all the ropes of Eliah, Moses, Aaron, it des not matter. Those days are gone. Wear them on your minds and heart through salvation(scriptures).
Kwame USA 10 years ago

The Cedi is worthless

The Cedi is worthless
USA 10 years ago

together with the IMF’s positive review of of the extended ......

DO THESE REPORTERS DO ANY PROOF READING BEFORE PUBLISHING???

together with the IMF’s positive review of of the extended ......

DO THESE REPORTERS DO ANY PROOF READING BEFORE PUBLISHING???
Keys 10 years ago

You did that crazy pumping to hold the dollar down and thought you have finished meanwhile prices of commodities kept rising. Ok. Now we have stopped doing the business and others home . I'm waiting for the same price before ...
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You did that crazy pumping to hold the dollar down and thought you have finished meanwhile prices of commodities kept rising. Ok. Now we have stopped doing the business and others home . I'm waiting for the same price before I do that fucking transfer. You can go suck a cock fagit
RT 10 years ago

When rates are cheaper in comparison with other currencies, it will result in arbitrage. The key is to stabilize the currency to minimize the fluctuations as much as possible. Attempts to lower the rates may cost currency hoa ...
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When rates are cheaper in comparison with other currencies, it will result in arbitrage. The key is to stabilize the currency to minimize the fluctuations as much as possible. Attempts to lower the rates may cost currency hoarders temporarily. Those who can hold on to the foreign currencies for long may gain when the currencies rebound.

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Foreign currency deposits grow

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