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.
Mauritius’ former Minister of Finance Renganaden Padayachy and ex-Governor of the Bank of Mauritius Harvesh Seegolam were arrested on Wednesday, 9 April
Checks by GhanaWeb Business on February 4, 2025, at 8:00 AM indicate that the cedi is trading at GH¢15.90 to the dollar, while the pound is trading at GH¢19.70 at some major forex bureaus across the country.Additionally, the euro is trading at GH¢16.50 on the retail market.
Governor of the Bank of Ghana, Dr. Ernest Addison, explained that the central bank’s latest inflation forecast indicated a steady decline, with a return to the disinflation path over an extended time horizon to achieve the medium-term target of 8 ± 2 percent.
The Bank of Ghana’s gold coin, available in three variants—a one-ounce coin, a half-ounce coin, and a quarter-ounce coin have witnessed a price drop on December 9, 2024.
