Tag: Currency
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Cedi Weakness Set to Drive Fuel Price Surge Despite Global Oil Drop
Ghana's weakening currency threatens to push petroleum prices sharply higher from September, potentially derailing the country's progress toward single-digit inflation by year-end.
The Chamber of...
Ghana Cedi slides to three-day low as currency pressures mount
Ghana's cedi weakened significantly against major currencies this week, raising questions about the central bank's ability to stabilize the local unit.
The currency hit ₵11.26...
BoG Dollar Ban Faces Reality Check as Weak Cedi Drives Pricing
The Bank of Ghana has issued another warning against dollar pricing for domestic transactions, but experts argue that only currency stability can truly end...
Academic Links Consumer Preferences to Ghana’s Economic Struggles
A preference for foreign goods over local alternatives is quietly sabotaging Ghana's economic development, according to a university lecturer who warns the colonial-era mindset...
Mahama Touts Cedi’s Stability as Economic Turnaround Continues
President John Dramani Mahama has pointed to a strengthened national currency as a key achievement of his administration.
Speaking to investors at a forum in...
