In just eighteen months, Ghana’s cedi reversed an 18% slide – falling from GHS 16.53 to GHS 13.47 per USD – through bold policy actions, innovative programs, and national resilience.
Ghana’s local currency, the cedi, is maintaining its upward trajectory against major trading currencies, particularly the US dollar, at various forex bureaus.
Market analysts are forecasting continued volatility for the cedi, which has now surpassed GHS 17 to the US dollar amid
The International Monetary Fund (IMF) and Ghana have reached a staff-level agreement on the third review of Ghana’s $3 billion
The year 2023 saw an increase in staff involvement in fraudulent activities recorded in Banks and Specialized Deposit-Taking Institutions (SDIs)
Some commercial banks have started reintroducing charges on foreign exchange accounts after previously suspending these fees due to regulatory pressure.
The Ghanaian Cedi has crossed the GH¢16 mark against the US Dollar on the currency retail market. A survey conducted
Vice President Dr. Mahamudu Bawumia has revealed plans to anchor the Cedi’s value to gold, aiming to stabilize the local
Prices of goods and services in Zimbabwe are expected to remain stable due to an increase in cash and mineral
Debt instruments dominated capital importation into Nigeria in the first quarter of 2024, comprising 94% of the total inflows. Data
