Cedi, Cocoa, and Calendars: Aligning Ghana’s financial year with reality
Ghana’s financial year, ending on 31st December, is a colonial relic inherited from our colonial masters. While the United Kingdom ...
Tag: Cedi
AGI pushes for local raw materials to cut import costs
The Association of Ghana Industries (AGI) has renewed its call for the government to prioritise local raw material production to ...
Cedi begins 2025 with 2% depreciation against major trading currencies
The cedi has started 2025 with an average 2% depreciation against major trading currencies. This signals persistent challenges in stabilising ...
Govt’s Gold Board to regulate industry, help stabilise cedi
The government's quest to establish the Ghana Gold Board (GoldBod) to regulate the small-scale mining sector does not only seek ...
Cedi projected to close 2025 at GHȼ17.70 to a dollar
The cedi is projected to close 2025 around GHȼ 17.70 with a potential deviation of ± GHp20. This forecast by ...
Cedi remains volatile amid election uncertainty; trading at GHS17.20 to a dollar
Market analysts are projecting continued volatility for the cedi, which has now surpassed GHS 17 against the US dollar amid ...
We’ve enough buffers; cedi will soon appreciate – BoG Governor
The Bank of Ghana (BoG) is bolstering its reserves to curb the cedi's depreciation against major foreign currencies as demand ...
Ghana Gold Coin not solution to cedi depreciation – Bokpin
Economist Professor Godfred Bokpin has stated that the Ghana Gold Coin is not a viable solution to the depreciation of ...
Cedi projected to stabilise amid U.S. Federal rate cut speculation
The Ghanaian Cedi, which has experienced a year-to-date depreciation of over 27% against the US dollar, appears to be stabilizing, ...
Cedi crosses GH¢16 mark against the dollar on retail market
The Ghanaian Cedi has crossed the GH¢16 mark against the US Dollar on the currency retail market. A survey conducted ...
Cedi expected to fare better in coming months – Fitch
The Ghana Cedi is expected to recover some losses against the dollar in the coming months, Fitch Solutions has disclosed. ...
I’ll stabilise cedi with gold – Bawumia
The flagbearer of the New Patriotic Party (NPP), Dr Mahamadu Bawumia, has promised to stabilise the local currency if he ...
We’re fully committed to stabilising exchange rate – BoG
The Bank of Ghana (BoG) has affirmed its commitment to stabilise the cedi's exchange rate, amidst the rapid depreciation against ...
IEA outlines measures to stabilise Ghana’s “bleeding” Cedi
The Institute of Economic Affairs (IEA) has outlined strategies to stabilise the depreciation of the Cedi. The IEA mentioned that ...
Ghana’s cedi is under an existential threat – IEA
The Institute of Economic Affairs (IEA) has expressed its apprehension regarding the continuous instability of Ghana’s Cedi. The IEA pointed ...
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