BoG committed to stabilising the cedi – Dr Asiamah

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• Hubert Yeboah 10 years ago

  This man is a useless PhD. What are his expertise in finance and economics that makes him think that the only approach to stabilize the cedi is to borrow more money to stabilize it? Russia, with all its trillions of dollars i ...
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  This man is a useless PhD. What are his expertise in finance and economics that makes him think that the only approach to stabilize the cedi is to borrow more money to stabilize it? Russia, with all its trillions of dollars in reserves couldn't support the ruble. Putin pumped billions dollars to stabilize it but later realized that it was absolutely impossible to do that. Go back to numerous currency crisis around the globe and it will be noted that government intervention is basically useless. Why will you want to put a nation that is heavily indebted into more debt into a project which does not add any value to the economy? Does it make any sense at all? One does not need a PhD in either finance or economics to figure this out. This guy must be kicked out of the place. He has no business being where he is.

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• ****((((((****** 10 years ago

  IN CIVILED WORLD HUMAN BEINGS MAKE RULES TO HELP HER CITIZENS IN AFRICA ANIMALS MAKE RULES FOR INNOCENT CITIZENS TO PERISH.CHIMP CAN PERSON BETTER THAN NDC GOV.

  IN CIVILED WORLD HUMAN BEINGS MAKE RULES TO HELP HER CITIZENS IN AFRICA ANIMALS MAKE RULES FOR INNOCENT CITIZENS TO PERISH.CHIMP CAN PERSON BETTER THAN NDC GOV.

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• ****((((((****** 10 years ago

  sorry

  sorry

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• office of odikro 10 years ago

  My friend it's not working this is not the problem the main issue is there.

  My friend it's not working this is not the problem the main issue is there.

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• diplomengineer ebenezer sackey 10 years ago

  The importion of goods ,machinery ,Auto parts ,auto,buses and other items makes the price of the items more expensive, due to the fall of the cedi. the Dollar was 1.20 cedi, now is 3.4 cedis to 1 dollar . i bougth a dollar at ...
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  The importion of goods ,machinery ,Auto parts ,auto,buses and other items makes the price of the items more expensive, due to the fall of the cedi. the Dollar was 1.20 cedi, now is 3.4 cedis to 1 dollar . i bougth a dollar at 1 dollar to 1.20 cedi,now the Dollar is 1 Dollar to 3.4 cedis
  15000 Dollars for a pick up, at the Price of 18000 cedis.now is 15000 Dollars for a pick up, at the Price of 51000 cedis.51000 - 18000 =33000 cedis so the company make a lost of 33000 cedis.which the 33000 cedis will be payed by the puplic, which make things expensive at the market.
  Diplomengineer Ebenezer sackey

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• diplomengineer ebenezer sackey 10 years ago

  The importation of goods,machinery,auto,buses,others items makes the Price of the items more expensive .Due to the fall of cedi . The cedi was 1.2cedis ,now is 3.4 cedis to 1 Dollar.i bougth 1 Dollar at 3.4 cedis .15000 Dolla ...
  read full comment

  The importation of goods,machinery,auto,buses,others items makes the Price of the items more expensive .Due to the fall of cedi . The cedi was 1.2cedis ,now is 3.4 cedis to 1 Dollar.i bougth 1 Dollar at 3.4 cedis .15000 Dollars for a pick up at 18000 cedis .15000 Dollars pick up at 51000cedis .51000-18000=33000 cedis.so the Company makes a lost of 33000 cedis.which the 33000 cedis will be payed by the public .which makes things expensive at the market.
  Diplom engineer Ebenezer sackey

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