BoG set to hold interest rates on Cedi slump, inflation… Rhema Mar 25, 2024 Policymakers at the Bank of Ghana on Monday are expected to keep interest rates unchanged to tame inflationary…
Cedi depreciation, inflation anticipated by businesses as… Rhema Mar 22, 2024 Insights from the Fourth Wave of the Ghana Business Tracker Survey indicate that firms anticipate future challenges…
Economist assuages concerns over Cedi depreciation Rhema Mar 19, 2024 Professor Ebo Turkson, an economist and professor with the University of Ghana (UG), has addressed concerns about…
14 BDCs purchase $20m for fuel imports in recent BoG forward… Rhema Feb 5, 2024 Bulk Oil Distribution Companies (BDCs) undertook a substantive transaction with the Bank of Ghana (BoG) on January…
Trade Expert predicts cedi stability; calls for prudent… Rhema Jan 11, 2024 With the misfortunes of the early 2020s finding their way into 2023, it is not uncommon for people to predict…
Ghana’s creditworthiness downgrade by Moody’s, Fitch and… Rhema Jan 9, 2024 The Governor of the Bank of Ghana (BoG), has described as “rude shock” the downgrade of Ghana’s creditworthiness by…
Keeping the cedi stable in 2024 election year paramount to… Rhema Jan 9, 2024 Governor of the Central Bank, Dr Ernest Addison, says maintaining the stability of the local currency this year –…
Cedi strengthens against major currencies on FX liquidity… Rhema Dec 12, 2023 In a recent update, GCB Capital Research sheds light on the resilient performance of the Cedi against major…
BoG’s new CRR directive injects $750m vital FX liquidity… Rhema Dec 5, 2023 According to insights from GCB Capital Research, the BoG’s new Cash Reserve Ratio (CRR) directive effective…
Cedi poised for resilience as EIU forecasts single-digit… Rhema Nov 21, 2023 In the forthcoming year, the cedi stands poised to exhibit noteworthy resilience against the US dollar, projecting…
Ghanaians face fuel price uncertainty amid cedi depreciation Rhema Nov 15, 2023 The Institute for Energy Securities (IES) anticipates a potential downturn in the cost of petroleum products at the…