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“Nana we are suffering” – 45-year-old ex-staff of GN Bank storms Black Star Square
Bank of Ghana
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“Cedi depreciation will continue till end of January” – GUTA predicts
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.
Bright Simons lists 7 flaws of govt’s debt restructuring and how they can be fixed
Bright Simons has identified some problems with the debt restructuring programme announced by government and also what finance ministry must to fix the flaws.
Ghana concludes deal for start of gold-for-oil policy, according to Bawumia
D Bawumia has disclosed that Ghana has secured a deal for the start of novel gold-for-oil barter. First batch of oil under the deal will arrive in January 2023.
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
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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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Experts forecast worse times for cedi despite ‘magical’ appreciation against dollar
Bright Simons, Prof Bokpin and Mr Darkwa believe the rapid rise of the Ghana cedi against the dollar is artificial and have warned against early celebration.
BoG cites IMF deal among 3 reasons for cedi’s impressive appreciation
The Bank of Ghana has cited 3 reasons for the cedi’s impressive appreciation against the United States dollar and other trading currencies in recent times.
Bank of Ghana
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