Currency appreciation and depreciation

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The Invisible Hand of Government In Cedi Depreciation

By Jerry. J.Afolabi As the normal principle of economics says, when a domestic currency depreciates it makes the prices...

Business

Uncertainty Fueling Depreciation of Cedi – Gold Coast Boss

The decision by the Bank of Ghana to release about $120 million into the economy has been lauded by the General Manager...

Business

Cedi Sees 1 Percent Drop In A Week

The Cedi recorded a week-on-week (WoW) depreciation of 1 percent against the USD. It opened at a price of GH¢4.1105/$...

Business

Election, Seasonal Demand Mount Pressure On Cedi

The cedi could be in for its toughest test this time in the year, as seasonal demand for the US dollar by importers,...

Business

Election Blues To Impact Cedi Minimally – Analyst

The activities of speculators which cause the cedi to depreciate against some major trading currencies may have minimal...

Business

Analysts Allay Cedi Depreciation Fears Over Increased Dollar Demand

Some currency analysts have downplayed a significant depreciation of the cedi, against major trading currencies anytime...