Tag: Local currency
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Governor BoG explains factors for depreciation of local currency
Dr Ernest Addison, Governor of the Bank of Ghana, Monday said, several factors account for the depreciation of the local currency.
He, therefore, attributed the...
Ghana’s President Announce Measures to Arrest Falling Cedi
Ghanaian President Nana Addo Dankwa Akufo-Addo outlined measures to halt the depreciation of the Ghana cedi late Sunday.
Akufo-Addo announced these measures in a televised...
South Sudan central bank to reduce auctioning of hard currency
South Sudan's central bank said Wednesday it will limit the amount of weekly hard currency auctions to commercial banks and forex bureaus due to...
Ghana’s inflation in January slows to 7.8 percent on stable local currency
The year-on-year inflation rate in Ghana slowed to 7.8 percent in January, compared with the 7.9 percent recorded last December, with the Ghana Statistical...
Local currency depreciation pushes up Ghana’s March 2019 inflation
Annual Inflation, the measure of the rate of change in prices of consumer goods and services over a period of time inched up 0.1...
