The Ghana cedi has depreciated by 9.5% against the US dollar in the first nine months of 2026, erasing a significant portion of the gains the currency recorded.
The Ghana cedi has depreciated by 9.5% against the US dollar in the first nine months of 2026, erasing a significant portion of the gains the currency recorded.
Dr Osei Kwame Despite and Kennedy Ohene Agyapong are among Ghanaian businessmen born into families without much wealth but have succeeded through hard work.
A video capturing the expensive cars in the magnificent mansion of Ghanaian millionaire and businessman Dr Kwaku Oteng is doing the rounds on social media.
Data available on how the local currency is performing against the US dollar shows that the Ghana cedi has been depreciating marginally against the US dollar.
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 has ceased operations from the Securities industry and Capital Markets. SEC said the top-tier bank voluntarily withdrew operations from the markets.
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
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
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.
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.
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