Cedi Ends 1st Quarter At Depreciation Rate of 2.52%
Ghana's local currency, the Ghana cedi ended the first quarter of this year with a depreciation rate of 2.52 per ...
Tag: Currency appreciation and depreciation
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 of ...
Uncertainty Fueling Depreciation of Cedi – Gold Coast Boss
The decision by the Bank of Ghana to release about $120 million into the economy has been lauded by the ...
Cedi Sees 1 Percent Drop In A Week
The Cedi recorded a week-on-week (WoW) depreciation of 1 percent against the USD. It opened at a price of GH¢4.1105/$ ...
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 ...
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 impact on ...
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 soon, due to an ...