Tag: Currency
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Ghana’s Cedi Surge Masks Underlying Weaknesses, Warns Advisory
Ghana’s cedi has staged one of Africa’s sharpest recoveries this year, soaring 42.6% against the US dollar since January but analysts caution this strength...
Ghana Remittances Show Steady Growth Despite Central Bank Alarm
Recent claims by the Bank of Ghana (BoG) Governor suggesting a sharp 50% decline in remittance inflows have sparked economic concerns.
However, official BoG data...
Africa’s Growth Revised Downward Amid External Shocks, Afreximbank Warns
Africa’s economic growth forecast for 2025 has been lowered to 3.9%, as global trade tensions, policy uncertainty, and capital costs intensify pressure on the...
Ghana’s Private Sector Deflation Deepens as Output Slips
Ghana’s private sector cut selling prices at the sharpest pace in over five years during July, as a stronger cedi drove purchase costs down...
Ghana Forex Access Gap Widens Despite Official Assurances
A growing discrepancy between Ghana’s official foreign exchange data and importer experiences is fueling business sector frustrations.
While the Institute of Statistical, Social and Economic...
