Tag: cedi exchange rate
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Ghana’s Private Sector Contracts as Material Shortages Weigh on Output
Ghana's private sector slipped into contraction in September for the first time in seven months, despite companies reporting continued growth in new orders and...
Fuel Prices Rise Modestly as Currency Pressures Mount
Ghanaian motorists are confronting marginally higher fuel costs at the start of October, with price adjustments largely tracking projections from the Chamber of Oil...
Ghana Delivers Steepest Rate Cut in Decade as Inflation Plunges to 11.5%
The Bank of Ghana's Monetary Policy Committee has slashed the benchmark policy rate by 350 basis points to 21.5%, completing one of the most...
Fuel Prices Jump 9% Despite Global Oil Drops
Ghanaian consumers face a harsh reality this Tuesday as petroleum product prices surge dramatically across the country, with diesel projected to increase by 9.41%...
Fintech Remittance Surge Undermining Cedi Stability, Warns Leading Economist
Ghana's rapidly expanding fintech remittance sector is inadvertently weakening the cedi through structural changes that prevent foreign currency reserves from stabilizing exchange rates, according...
