Shippers Appeal For Stable Currency To Aid Business
Shippers have impressed on the government the need to work to maintain the cedi’s stability for the rest of this year ...
Tag: Exchange rate
Chinese Yuan Can Offer Cedi Respite
The Association of Ghana Industries (AGI) has called on the Bank of Ghana (BoG) to consider enhancing its yuan trading ...
Salvaging the Sinking Cedi
The economy of Ghana is still developing and the need for export earnings to support national expenditure which is substantially ...
Check Out The 7 Strongest Currencies On the African Continent
To emphasize on the strength of currencies, here is a list of the seven strongest African currencies… Currency is the ...
IMF Urges Nigeria To Lift FX Restrictions, Dump Multiple Exchange Rates
The International Monetary Fund called on Nigeria on Thursday to lift its remaining foreign exchange restrictions and scrap its system ...
The Invisible Hand of Government In Cedi Depreciation
By Jerry. J.Afolabi As the normal principle of economics says, when a domestic currency depreciates it makes the prices of ...
Cedi Gains On Forex Inflows
The gains the Cedi made this week is expected to continue next week as forex inflows improve amid lower import ...
Trade Deficit Threat To National Security
The Trump administration's top trade advisor said Monday US trade deficits are a threat to national security that could cause ...
US Charges Three Foreign Exchange Traders
Prosecutors in the US have accused three former currency traders at major banks of trying to rig foreign exchange (forex) ...
Egypt’s Pound Strengthens As Demand For Dollars By Importers Eases
Egypt pound has strengthened slightly at banks as demand for dollars slightly goes down. A dollar was being exchanged for ...
Most Foreign Awards Are Bribes To Drain Africans Economy
So every country manipulates their currencies either by easing and tightening interest rates or using stimulus to boast the market. ...
Iran Allows Free Foreign Exchange At Banks In Move To Unify Rates
Iran authorized some banks on Saturday to deal in foreign exchange trading at a free-market rate, the central bank said, ...
Dollar Auctioning Could Hurt Cedi – Economist
An economist, Dr. Lord Mensah, has said the auctioning by the central bank of part of the US$1.8 billion cocoa ...
Dollar Auction May Least Control Cedi Depreciation – Economist
As the Bank of Ghana prepares to commence its first dollar auction to banks through a competitive bid, some financial ...
Dollar Auction May Least Control Cedi Depreciation
As the Bank of Ghana prepares to commence its first dollar auction to banks through a competitive bid, some financial ...
Mahama’s Govt ‘bad For Business’ – Spare Parts Dealers
The government of the National Democratic Congress (NDC) led by President John Dramani Mahama, has not been helpful to the ...
The Cedi’s Rising Fortunes
Ghana's national currency, the cedi is on the brink of completing a record-breaking year, and even the currency analysts that ...
State Security Raids Nigerian Currency Dealers
Currency dealers were accused of exchanging naira at a rate lower than 400 naira to $1. Nigerian intelligence agents have ...
Election of Trump Wont Destabilize Cedi – Economists
The Institute of Certified Economists of Ghana, has ruled out any likely effect on the performance of the cedi against ...
Election of Trump Wont Destabilize Cedi
The Institute of Certified Economists of Ghana, has ruled out any likely effect on the performance of the cedi against ...