Tag: Currency
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Ghana Cedi Marks 60 Years as Symbol of Sovereignty and Resilience
Ghana’s national currency, the cedi, observes its 60th anniversary today, commemorating its replacement of the colonial monetary system on 19 July 1965.
The transition, executed...
Deloitte Pushes Reforms to Lock In Cedi’s Recovery
Ghana must adopt robust, multi-dimensional policies to secure the Ghanaian cedi’s recent gains and ensure long-term stability, Deloitte Ghana warned in a new report.
The...
Ghana Cedi Leads African Currencies Against Dollar in 2025
Ghana's currency has become the best-performing in Africa against the US dollar this year, according to a Bloomberg analysis.
The cedi recorded the highest year-to-date...
Economist Warns Against BoG’s “Unsustainable” Dollar Interventions
Development economist Dr. George Domfe has cautioned that the Bank of Ghana’s continued injection of U.S. dollars into the economy is unsustainable, urging a...
Global Oil Price Drop Offers Slight Relief at the Pump, Currency Woes Linger
Ghanaian motorists and businesses could see modest dips in fuel prices by mid-February 2025 as global oil costs decline, though persistent cedi depreciation threatens...
