Ghana's cedi has dropped 8.4% against the dollar in 2026, despite trade surpluses and improved macroeconomic indicators; examine this gradual depreciation's impact.
Business and Economy
Most viewed
Popular
-
Australia bans under-16s from social media in world-first crackdown
-
Tom Cruise has world guessing as he unleashes 'Mission: Impossible' at Cannes
-
Nvidia reports 'off the charts' demand for AI chips
-
'Dialogue' must be at heart of China, Australia ties, PM tells Xi
-
Airports Company laments lack of funds to develop airports, worried passenger service charge too small
Business and Economy Latest News
China megacities ease homebuying rules to boost property market
Three Chinese megacities on Monday eased restrictions on buying homes and Beijing's central bank said it would ask financial institutions to lower mortgage rates, as the country seeks to pull itself out of a housing slump.
Tokyo stocks dive on strong yen as Hong Kong, Shanghai extend rally
Stocks plunged more than four percent in Tokyo on Monday after the yen surged in reaction to Shigeru Ishiba's election last week as the head of Japan's ruling party, which boosted expectations the Bank of Japan will continue hiking interest rates. Among the measures unveiled over the last week were interest rate cuts, easing of how much banks must keep in reserve and softer rules on buying a home.
Britain's last coal-fired power station closes
The UK's last coal-fired power station will officially close its doors on Monday, making Britain the first G7 country to end its reliance on the fossil fuel to produce electricity. The history of Britain's reliance on coal dates back to 1882, when the world's first coal-fired power station was built in central London. ajb/har/ju/yad
Business and Economy
Load moreEnergy
Breaking
VRA opposes IPP's request for monthly payments increase: "It'll collapse public power entities"
Energy
Read moreMoney
Money
Read moreIndustry
Industry
Read moreTechnology
Breaking
Urusla Owusu Says SIM Registration App to help solve issues of long queues
Technology
Read moreEconomy
Breaking
6 dead in Kenya as medical small plane crashes into a building, video trends
Economy
Read more