Tag: Cedi stability
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Ghana Appeals to Diaspora for Remittances Amid Currency Stability Push
Deputy Finance Minister Thomas Nyarko Ampem has urged overseas Ghanaians to maintain remittances and investments, citing government efforts to stabilize the cedi.
The appeal occurred...
Ghana’s TUC Warns Cedi Volatility Undermines Exports Despite Gains
The Ghana Trades Union Congress cautions that exchange rate instability threatens export competitiveness and business planning, despite the cedi's recent appreciation.
Speaking at an ILO...
Ghana Consumer, Business Confidence Hit Record Highs Amid Recovery
Ghana's economic sentiment has surged to unprecedented levels, with the Bank of Ghana reporting April 2025 consumer confidence at 103.6 – a dramatic rebound...
Economist Urges 200-Point Rate Cut, Calls Central Bank Overly Cautious
Economist Dr. Raziel Obeng-Okoh contends the Bank of Ghana’s decision to maintain the Monetary Policy Rate at 28% is excessively cautious and misaligned with...
Bank of Ghana Urges Businesses to Use Cedi for Economic Stability
The Bank of Ghana (BoG) has called on businesses to prioritize the cedi in all local transactions to stabilize the currency and reduce reliance...
