Money
Ghana cedi already among top 10 worst-performing currencies 18 days into 2023
The Ghana cedi is among the top 10 worse-performing currencies currently, according to Prof Hanke, a top economics professor at the John Hopkins University.
Zenith Bank Ghana ceases securities and capital market operations
Zenith Bank has ceased operations from the Securities industry and Capital Markets. SEC said the top-tier bank voluntarily withdrew operations from the markets.
“Cedi depreciation will continue till end of January” – GUTA predicts
Traders say they fear the depreciation of the cedi over the past 3 weeks will continue until the end of January. They blame the cedi fall on dollar repatriation
Cedi fall against dollar intensifies on January 16; fuel prices to go up
Data shows it's still looking very grim for the Ghana cedi as the local currency maintains its downward spiral against the US dollar on Monday, January 16, 2023
Cedi backsliding to old ways, recording steady depreciating against dollar
The cedi has been falling steadily against the dollar over the last couple of weeks, prompting public concerns that the local currency's woes have resumed.
Cedi depreciates marginally against dollar on January 3
The cedi has depreciated marginally on the interbank market in January, 3, 2023, dropping by 20 pesewas against the U.S dollar according to available figures.
Cedi depreciates slightly against dollar, big gap between forex and BoG rates confuses many
The Ghana cedi seems to be depreciating again against the US dollar on Wednesday, December 21, 2022, triggering concerns from market watchers and general public
New King Charles banknotes unveiled, expected to be in circulation from 2024
UK has introduced new banknotes featuring the image of King Charles III. The only change to designs of £5, £10, £20 and £50 notes is the portrait of the king.
Payments company Wise suspends cedi transfers amid rapid appreciation
Wise has temporarily suspended transfers the Ghana cedi following currency’s rapid appreciation against the dollar and other major foreign currencies this week.
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