Tag: Cedi appreciation
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Cedi Appreciation Cuts Ghana’s Debt by GH₵150 Billion, Mahama Announces
President John Dramani Mahama has revealed that Ghana’s national debt decreased by nearly GH₵150 billion due to the cedi’s recent appreciation, accelerating progress toward...
Ride-Hailing Fares Unchanged Despite Cedi Gains, Drivers Union Insists
Ghanaian ride-hailing drivers will maintain current fares despite the cedi’s appreciation and reduced fuel prices, the Ghana Online Drivers Union (GODU) announced, distancing itself...
Bank of Ghana Dismisses Export Concerns Amid Cedi Rally
The Bank of Ghana (BoG) has addressed concerns that the cedi’s recent appreciation could harm export competitiveness, asserting that the currency’s strength aligns with...
Abossey Okai Spare Parts Dealers Slash Prices Amid Cedi Gains
The Abossey Okai Spare Parts Dealers Association has mandated its members to reduce prices following the Ghanaian Cedi’s recent appreciation, a move aimed at...
Cedi Appreciation: “Gold For Oil” NOT The Same As “Gold For Reserves”
The recent appreciation of the Cedi against the US dollar and other trading currencies has led to many arguments and credit-taking competitions.
For political expediency...
