Business

News

Sports

Entertainment

GhanaWeb TV

Africa

Opinions

Country

Cedi plunge confirms doubts

This article is closed for comments.

Read Comments Comments (29)

  • SAMITU ROSE 8 years ago

    TELL NDC GOVT TO JUST STOP PRINTING THE GH CEDI NOTES AND ALSO TELL THEM TO STOP THE BLOATED CONTRACTS AND SOLE SOURCING WHICH ARE A BIG DRAIN TO OUR ECONOMY....IF NDC STOPS THESE EVILS, THE GHC WILL STABILIZE...OTHERWISE WE ...
    read full comment

  • United Ghana 8 years ago

    True

  • Ghana Needs A Revolution 8 years ago

    The red Jesus is a slave-chain in the necks of Black people, unless they rid themselves of it they will never make it in this world. Heaven wont need them.




    DEAR GOD AL-MIGHTY,
    PLEASE SAVE GHANA FROM CHURCHIANITY AN ...
    read full comment

  • SAMITU ROSE 8 years ago

    FAKE JDGT DEBTS, SADA, SUBAH, GYEEDA, 8.7 BN GHC OVEREXPENDITURE IN 2012 FOR MAHAMA TO WIN ELECTIONS, ETC ETC THESE HAVE BROT GHANA DOWN TO HER KNEES AND NDC IS NOW LOOKING FOR ALL SORTS OF EXCUSES....ide biiii kekekekekeee s ...
    read full comment

  • KEN,BUKOM-ACCRA 8 years ago

    FOR GOODNESS SAKE,CAN,T THIS SO-CALLED PRESIDENT SEE THAT THESE WAMPAH AND TERKPEH ARE SIMPLY INCOMPETENT AND HAVE TO CLUE HOW TO STABILIZE THE CEDI AND, OF COURSE,THE ECONOMY TO REPLACE THEM FOR MORE COMPETENT,TRIED AND TEST ...
    read full comment

  • United Ghana 8 years ago

    You seem to detach Tekper & Wampah from Mahama, as if they are the problem not him. Mahama is twice as incompetent as they, hence, our present predicament. The leader is always to blame.

  • hahahaa 8 years ago

    HAVE YOU FORGOTTEN OF BAWUMIA? YOU STUPID AND INCOMPETENT ECONOMISTS GO AND SEEK ADVICE FROM BAWUMIA

  • prophet Dr.Bawumia 8 years ago

    Financial analyst casely hayford ridiculed BOG that if Ghana has $20 million a day,government won't go to IMF and you heard idiots on radio station insulting him. now you hear from the horse own mouth that they aren't pumping ...
    read full comment

  • DusTY-FooT-pHiloSophER 8 years ago

    Who on earth told you that the BoG was pumping $20 million a day into the system? It were the likes of you instead of listening carefully to the Governor of BoG, Dr. Henry Kofi Wampah announcement, went rather on propaganda s ...
    read full comment

  • Africanus 8 years ago

    You are the only person who knows what you are saying. Our sources are the articles we read, and they all say govt is pumping US$20 million a day into the economy. No need to insult any commentator here.

  • DusTY-FooT-pHiloSophER 8 years ago

    Yes, I know what I am saying because I curiously inquired and was given the facts. You should also try it sometimes instead of propagating falsehood in here to satisfy your wicked agenda.

  • Africanus 8 years ago

    Well if every Ghanaian is to pick up the phone and call the office of the governor of the Bank of Ghana, he will have no time to get anything done. Why don't your people release the true facts to the press, so that everybody ...
    read full comment

  • DusTY-FooT-pHiloSophER 8 years ago

    I did not call to the governor of the national bank per say. So, stop assuming such, okay? Asking for detailed information on a subject one do not adequately understand come in different forms in this day and age.

  • Ga Son 8 years ago

    and who gave u the facts

  • Kofi K, 8 years ago

    Dr. Wampah has no idea as BOG boss. This shows gross incompetence of government, as it is looting the BOG is churning out tales to garnish their thievery. Terkper n Mahama nothing need to be said about them as they Crooked po ...
    read full comment

  • Gyataba 8 years ago

    I sent some euros home yesterday. I had wanted to send more but decided to play wait and see and behold, I am right. Money Gram rate was; 100 Euro to 372.20 GHS. I said to myself wait and see tomorrow and the rate as at now ( ...
    read full comment

  • DusTY-FooT-pHiloSophER 8 years ago

    You are a big liar. I did wire money through the moneyGram system myself yesterday and the rate was: 100 Euro to 352.42 GHs. So, stop the blatant bias of yours. Before coming in here to lie yourself into fame, you did not fac ...
    read full comment

  • Gyataba 8 years ago

    Wht do I get from telling a lie? I sent the money online. I donot know who quoted that rate. If you speak some German, you can understand what I have copied and pasted from my receipt.

    Zielland: GHANA
    Empfangsbetrag
    : 37 ...
    read full comment

  • DusTY-FooT-pHiloSophER 8 years ago

    So you send yours online, huh? Well, whather you wired online or not the rate differs from that of the Bank of Ghana (BoG) always. So, your argument here don't prove a thing. Now, you don't need to go "fizzle out" a quote fro ...
    read full comment

  • Gyataba 8 years ago

    I am not selling anything to you. I gave you the website to check it out yourself. I did not go to Tagesspiegel. I gave you moneygram's website for you to verify it for yourself but you decided not to do it so I cannot help y ...
    read full comment

  • Akonta besi fom 8 years ago

    Which university made the mistake of awarding Kofi Wampah a PHD in Economics? The man is,to put it simply, A DUNCE, 1st class!

  • Naaba kugri 8 years ago

    Keep bying dollar and hording you will have yourself to blame once again we know your mudus oprandi and we will tackle it soon

  • K Man 8 years ago

    Those in power are not sufferring, they are instead making money on the back of this nonsense. The only ones who are trying to make ends meat are the ordinary Ghanaian and by that i include professionals.

    When will Ghanai ...
    read full comment

  • Africanus 8 years ago

    My brother, Ghanaians living in Ghana deserve what is coming at them. They voted these dickheads into power, all for what? In in the name of tribal politics.

  • K Man 8 years ago

    Look, the cedi cannot be artificially sustained, because it cannot compete effectively against the dollar BECAUSE the local economy is in defecit and imports too much (and not helped by NDC's lack of efficient running of the ...
    read full comment

  • Lord Foxy 8 years ago

    Why do we have to do any business in Ghana in dollars? what is wrong with our cedi? You have to use your own currency in your country and stop using dollars and pounds its not our currency.

  • GHANA FIRST 8 years ago

    This can not be counted as news at all. The cedi is doing very well as the national currency. It strength lies in the hard work our economist, industrialist, merchants and some politicians in government are doing. Ayekooo! Gh ...
    read full comment

  • Babatunde Aina 8 years ago

    Wave your hands up in the air ! He says the cedi is doing well. Hahahaha
    Keep It up Big man

  • abena-kwabena 8 years ago

    Why has no one resigned in protest?