Tag: Cedi
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Ghana cedi still losing value against other currencies
The cedi failed to maintain its resilience as it struggled for stability against the major trading currencies last week.
During the week under review, improved...
Bank of Ghana turns to China to save the cedi
The Bank of Ghana (BoG) is pushing for the use of the Chinese Yuan as the alternative foreign trading currency to the United States...
$2 Billion Syndicate loan To Hit COCOBOD
In a move for Ghana to recapture its past enviable position as world largest producer of cocoa, the country?s cocoa industry regulator, COCOBOD, is...
Nduom Blames Local Currency Woes On High Taste For Foreign Goods
Dr. Papa Kwesi Nduom, a business consultant and politician, has rejected popularly held perception that the Bank of Ghana?and by extension the Central Government,...
Cocoa Smuggling Hike Blamed On Cedi Fall
Ghana's falling currency has fuelled smuggling of as much as 100,000 tonnes of cocoa into neighbouring Ivory Coast since October, reversing a trend, industry...
