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Economics President Currency

Ghana cedi begins to chase the U.S. dollar

Government’s announcement of fresh dollars into the economy to arrest the unbridled appreciation of the United States dollar has succeeded in redeeming some value...

Finance Minister Moves Parliament To Approve Financial Policy

“Rt. Hon. Speaker, Honourable Members of Parliament, on the authority of the President of the Republic, Nana Addo Dankwa Akufo-Addo, I beg to move...
IMF

Chinese Yuan gets IMF endorsement

Starting from October 1, the Chinese yuan will, as the fifth currency, be included into Special Drawing Rights (SDR) basket of the International Monetary...

Stable Power Required To Expand Ghana’s Manufacturing Base – Stanchart Group Head

Speaking to journalists at the end of a two-day working visit to Ghana, Mr Paul said, however, that for the manufacturing sector to blossom,...
oil

Weak US Dollar Dive Crude Prices high

Oil prices increased on Tuesday as declining dollar made the dollar-priced crude less expensive and more attractive for buyers holding other currencies. ...
dollars

US dollar performed poorly against major currencies

The U.S. dollar decreased against most major currencies Tuesday as investors were awaiting the closely-watched Federal Reserve statement due out Wednesday. In...
Gold

Gold Prices Shoot Up as US Dollar and Equities run weak

The most active gold contract for April delivery rose 4.5 U.S. dollars, or 0.37 percent, to settle at 1,230.8 dollars per ounce. ...
Ghana Cedis

First half of 2016 could be hard on Ghana Cedi – Banker

“We expect the cedi to depreciate by about 20 percent in 2016 within the first half of the year, as foreign exchange inflows are...
dollars

US dollar up again after quick decline

The U.S. dollar soared against other major currencies on Tuesday after slumping to seven-month lows against the Japanese yen and euro in the previous...
Ghana Cedis

There Is still more room for Ghana cedi recovery train

By: Adnan Adams Mohammed Recently event of the cedi recovery against the major trading foreign currency including the US dollar, euro and the UK pounds...
China's central bank is probably reminding traders that the yuan is not a one-way bet

Chinese yuan makes gains against US dollar

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by 6 basis points to 6.1173 against the U.S. dollar on...
Oil

Weak US dollar forces crude prices up

Oil prices increased Monday as the U.S. dollar eased against a basket of its peers, making the greenback-priced crude less expensive and more attractive...
helicopter

Ghana Gas spends millions of dollars to acquire 4 new helicopters

Inspite of Atuabo gas plant?s present inability to end power crisis By Roger A. Agana Credible information made available to SpyGhana.com indicates that the Ghana National...
Malaysia Airlines is the national carrier of Malaysia and one of the largest in Asia

Malaysia Airlines reports massive losses

Malaysia Airlines on Thursday reported losses of 97.46 million dollars, with high fuel costs and twin disasters in Ukraine and over the Indian Ocean...

Think Tank cautions Ghana over cedi ad hoc measures

Policy think tank, IMANI Ghana, has criticised?new forex rules by the Bank of Ghana (BOG), aimed at shoring up the cedi against major international...