Is the US Dollar losing its grip? The rise of alternative… Mercy Aboagye Mar 25, 2024 0 For decades, the US dollar has enjoyed unparalleled dominance as the world’s reserve currency, underpinning global…
Cedi faces headwinds amidst global dollar strength and… Mercy Aboagye Oct 3, 2023 0 The Cedi finds itself navigating turbulent waters in the foreign exchange market as a confluence of factors…
Cedi demonstrates resilience as it inches higher against… SpyDa Jun 27, 2023 0 The Cedi showcased its relative resilience in the face of major trading currencies, displaying a modest inclination…
Cedi to weaken by 30% against the greenback by end-2023 Rhema May 2, 2023 0 The Ghanaian cedi is predicted to depreciate by 30% against the US dollar in 2023, according to a report by the…
Key reasons Investors expect US dollar to keep sliding SpyDa Apr 24, 2023 0 Professional investors see the dollar sliding even further from last year’s two-decade highs, as the market has…
BoG gives reasons for cedi’s stability against US dollar Rhema Dec 17, 2022 0 The Bank of Ghana (BoG) has attributed the cedis’ recent gains to new set of monetary measures it has instituted.…
VALCO workers asking for dollar indexed salaries untenable Rhema Nov 4, 2022 0 The Board and Management of the Volta Aluminum Company (VALCO) say the demand of its workers for their salaries to…
Cedi continues to lose value; places 147th globally Rhema Oct 3, 2022 0 The Ghana cedi lost 40.05% in value to the US dollar in nine months of 2022, ranking it as the second worst…
World Bank explains why cedi keeps falling and US dollar… Rhema Aug 29, 2022 0 The US dollar is on a tear, strengthening around 11% since the start of the year and – for the first time in two…
Fix the Country, Mr. President! Rhema Aug 17, 2022 0 The Cedi has plummeted significantly against the US dollar. The current administration’s economic management…
BDC Forex Auction: Central Bank meets $50m target at forward… Rhema Aug 15, 2022 0 The Central Bank achieved its forex forward auction target of $50m in the sale of the US dollar to Bulk Oil…