The Minister of Finance, Ken Ofori-Atta, has assured Parliament that the government and the Bank of Ghana (BoG) are on top of efforts to slowdown the depreciation of the cedi against its major counterparts. Mr Ofori-Atta said the 30 per cent in public spending this year was meant to augment policies by the central bank […]
Tag: Ghana Cedi
CASH VIDEO: Gold dealership firm says cash legitimately withdrawn from bank for payments
Gold dealership firm, Brenley Quartz Company Limited, says the video that has gone viral showing a group of young men arranging bulk cash at a premises, was filmed in their office premises about three months ago and that it had nothing to do with government or any government official. According to the official website of […]
On the Coronavirus – Ghana Cedi Linkage: What Do We Know so Far?-Dr. Muazu Ibrahim Writes
Ghana’s local currency, the Cedi has made significant gains against its major trading partner, the US dollar ($) in 2020. This earned the Cedi its current position as the best performing currency against the dollar globally according to Bloomberg. As it is always done, every Ghanaian professes to be an expert in analysing economic phenomenon […]