Tag: DEPRECIATION

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Kenyan foreign currency depreciation linked to fragile global trade environment

"The currency depreciation seen in 2015 across Africa is very similar to that seen in a number of other frontier and emerging markets,"...

Devaluation of Ghana Cedis and way forward

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The economic history of Ghana shows the various legal instruments used by the Bank of Ghana (BoG) to regulate the foreign exchange market. During the...

IMF To Review Ghana’s performance On January 13

According to an IMF calendar, the second review was expected to have taken place on December 18. No official reason has been given for the...

Currency depreciation affects Ghana’s Missions Abroad

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Hannah Tetteh Parliament’s Select Committee on Foreign Affairs has observed that Foreign exchange fluctuations are affecting the management and administration of foreign missions abroad. The...

Mozambican PM cautions against politicizing depreciation of national currency

Metical continues to drop tremendously against the U.S. dollar in recent days. Speaking in the parliament, do Rosario said metical was not the only...

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Ghana’s fiscal repair is real, but growth remains too narrow

Ghana has moved faster than most of Africa to...

Ghana’s BRICS bid carries risks alongside new options

Ghana's decision to seek BRICS membership offers new sources...

Mahama hails falling rates, but bank loans average 16%

President John Dramani Mahama said on 8 October that...

Ghana T-bill sale beats target by GH¢1.53bn as bids surge

Ghana's government raised GH¢4.40 billion from Treasury bills on...

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