Tag: Cedi
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Importers Could Pay Chinese Suppliers in Cedis, Bypassing Dollar
Ghanaian importers buying from China may soon skip the US dollar entirely, Bank of Ghana Governor Johnson Asiama said on Thursday, as two banks...
GoldBod’s US$2.7bn FX Push Aims to Ease Q4 Pressure
Ghana's Gold Board expects to generate about $2.7 billion in foreign exchange over August and September, providing a buffer against the seasonal dollar demand...
Domestic Costs Drive 86% of Ghana’s Inflation
Locally produced goods and services accounted for 86.2 percent of Ghana's inflation in August, far outweighing imported items, as domestic production costs increasingly drive...
Ghana Inflation Rises to 5% on Housing, Transport Costs
Ghana's annual inflation rose to 5.0 percent in August, up from 4.6 percent in July, as housing, transport and other services costs outweighed a...
Fuel Price Volatility, Not Just Hikes, Worries COMAC
Ghana's fuel retailers and economists are raising concerns over sharp swings in pump prices, warning that volatility, as much as the size of any...
