Tag: Cedi stability

Dollarisation threatens cedi stability- BoG Governor

Banking & Finance Sylvester Oppong Nyarko -
The Governor of the Bank of Ghana, Dr. Johnson Asiama, has raised red flags over the persistent dollarisation of...

BoG reserves jump to $1.1b in April, boosting cedi stability

Banking & Finance Sylvester Oppong Nyarko -
The Bank of Ghana (BoG) significantly increased its reserve assets from $391.1 million in April 2024 to $1.1 billion...

Govt targets GH¢10/$1 cedi stability – Terkper

Economy Sylvester Oppong Nyarko -
Presidential Advisor on the Economy, Seth Terkper, has revealed that the government is working to stabilize the Ghana cedi...

Cedi stability due to gold reserves, not spending cuts- Ato Forson

Economy Sylvester Oppong Nyarko -
Finance Minister Dr. Cassiel Ato Forson has pushed back against claims that Ghana's cedi has stabilised due to reduced...

Cedi should stabilise between GH¢10 and GH¢12- Mahama

Economy Sylvester Oppong Nyarko -
President John Mahama has projected that the ideal exchange rate for the Ghana cedi should fall between GH¢10 and...

GoldBod can stabilise the cedi, says banks CEO

Economy Sylvester Oppong Nyarko -
John Awuah, CEO of the Ghana Association of Banks, believes the Ghana GoldBod could stabilise the cedi if implemented...

BoG assures Ghanaians of continued cedi stability

Banking & Finance Sylvester Oppong Nyarko -
The Bank of Ghana (BoG) has reassured the public that the stability of the cedi will continue, backed by...

Cedi to end 2025 at GH¢15.50 to $1 despite early gains-Fitch

Economy Efo Korsi Senyo -
Fitch Solutions has projected that the Ghanaian cedi will end 2025 at GH¢15.50 to one US dollar, with an...

GoldBod’s gold reserve strategy behind cedi stability – Ato Forson

Mining Efo Korsi Senyo -
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has credited the Ghana Gold Board (GoldBod) for the cedi’s strong performance...

“We knew what we were doing”-Dr. Mumuni fires back

Economy Efo Korsi Senyo -
First Deputy Governor of the Bank of Ghana, Dr. Zakaria Mumuni, says the cedi’s recent strength is not only...

Bloomberg crowned cedi as world’s best-performing currency

Business Awake New Reporter -
Ghana's economic landscape has witnessed a remarkable transformation, thanks in part to the phenomenal performance of its national currency,...

Inflation hits 8-month low, drops to 21.2% in April

Business Awake New Reporter -
The rate of inflation in Ghana has declined to 21.2% in April 2025, marking its lowest level in eight...