Tag: Cedi stability
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Bank of Ghana’s Rate-Cut Ambition Faces Negative Equity Hurdle
Bank of Ghana Governor Dr. Johnson Pandit Asiama has pledged to slash lending rates below 10% before his term ends, aiming to fuel industrial...
Ghana Central Bank Vows Sub-10% Lending Rates to Fuel Industry
Bank of Ghana Governor Dr. Johnson Pandit Asiama has pledged to slash lending rates below 10% before the end of his term, targeting a...
Ghana Appeals to Diaspora for Remittances Amid Currency Stability Push
Deputy Finance Minister Thomas Nyarko Ampem has urged overseas Ghanaians to maintain remittances and investments, citing government efforts to stabilize the cedi.
The appeal occurred...
Ghana’s TUC Warns Cedi Volatility Undermines Exports Despite Gains
The Ghana Trades Union Congress cautions that exchange rate instability threatens export competitiveness and business planning, despite the cedi's recent appreciation.
Speaking at an ILO...
Ghana Consumer, Business Confidence Hit Record Highs Amid Recovery
Ghana's economic sentiment has surged to unprecedented levels, with the Bank of Ghana reporting April 2025 consumer confidence at 103.6 – a dramatic rebound...
