Euro

International

Greece Needs Reforms, Not Debt Relief

Structural reforms rather than debt relief will help Greece to achieve sustainable growth and stay in the euro zone...

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,...

Top Stories

Bank of Ghana Reduces Policy Rate To 25.5%

The Monetary Policy Committee of the Bank of Ghana (BoG) on Monday reduced the policy rate to 25.5 percent from 26...

Business

All Eyes On BoG To Prune Year-Long Policy Rate

As the Monitory Policy Committee of the central bank meets today, expectations of a policy rate cut are high, as the...

International

EU Warns Eight Nations On Budget Deficit

The European Commission has warned that eight eurozone countries, including Italy, are at risk of breaking EU rules...

International

Dollar Hits An 11-Month High

The U. S. dollar hit an 11-month peak on Monday as the risk of faster domestic inflation and wider budget deficits if...

International

Bonds Sell-Off Continues As Investors Bet On Rate Rise

A wave of selling sweeping across bond markets resumed on Monday as investors continued to digest the impact of a...

International

Asia Shares, Emerging Currencies Stumble As Trump Anxiety Deepens

A searing selloff rocked Asian shares and emerging market currencies on Friday as investors feared higher U. S....

Business

Election of Trump Wont Destabilize Cedi – Economists

The Institute of Certified Economists of Ghana, has ruled out any likely effect on the performance of the cedi against...

Top Stories

Election of Trump Wont Destabilize Cedi

The Institute of Certified Economists of Ghana, has ruled out any likely effect on the performance of the cedi against...

Top Stories

Eurozone Lifts Growth View For 2016 But Cuts 2017’s

The European Union yesterday edged up its eurozone growth forecast for this year but trimmed it for 2017, warning that...

International

Euro Founding Father Otmar Issing Warns About Project’s Future

A founding father of monetary union has given a damning assessment of the euro bloc, saying that not incorporating an...

International

U.S. Stocks, Dollar Fall On FBI Review of Clinton Emails

Wall Street recovered some losses on Friday but still closed lower, with U. S. stocks and the dollar falling after the...

International

World Stocks, Commodities Climb As Economic Confidence Lifts

World markets had a swagger about them on Tuesday as upbeat economic data and signs of a revival in inflation pushed up...

International

Dollar At Nine-Month High On Bets For Fed Hike, Clinton Victory

The dollar hit a nine-month high against a basket of currencies on Monday, buoyed by expectations that the Federal...

International

Dollar Hits Seven-Month High, Global Stocks Set For Weekly Rise

Global stocks were set for their first weekly gain in four weeks on Friday and the dollar rose to its highest since...

International

Dollar Steady As Investors Await U.S. Presidential Debate, ECB

The dollar was steady in early trading on Thursday, as investors awaited the final debate before next month's U. S....

International

Pound Fall A ‘shock Absorber’

The fall in the value of sterling has acted as an important "shock absorber" for the economy, according to Bank of...

Business

Cedi To Sell At GHC4:1$ By End of 2016

The Ghana cedi is projected to sell at a higher amount in relation to other major currencies on the global interbank...