July 17
Ghana: Fitch Solutions Projects Positive Outlook for Ghana Cedi
The Ghana cedi is expected to recoup some losses against the dollar in the coming months, Fitch Solutions has revealed. Read more »
January 17
Ghana: Domestic Gold for Reserve Programme Strengthens Ghana's Currency - Governor
The Bank of Ghana (BoG) says its Domestic Gold for Reserves Programme has been a good buffer to stabilise the Ghana's currency last year and the programme will continue this year. Read more »
September 12, 2023
West Africa: Ghana Committed to Ecowas Single Currency Agenda - Ministry of Finance
Ghana remains committed to the Economic Community of West African States (ECOWAS)'s single currency agenda despite the current economic challenges facing the country, Chief… Read more »
September 08, 2023
Ghana: Concerted Effort Needed to Build a Viable Monetary Union - Dr Addison
A concerted effort is required to help improve the region's macroeconomic environment and place it on a stronger convergence path for a viable monetary union, Governor of the Bank… Read more »
March 22, 2023
Ghana: Cedi May Record Mixed Performance to Dollar This Week
The Ghana cedi may record mixed performance against the US dollar this week. Read more »
March 02, 2023
West Africa: West Africa Needs Political Commitment to Roll Out Single Currency - GITFiC
West Africa needs political commitment at the highest level for the successful launch and roll out of the proposed single currency, the Ghana International Trade and Finance… Read more »
December 07, 2022
Ghana: Bank of Ghana Upgrades One Cedi Coin
The Bank of Ghana (BoG) has upgraded the GH₵1 coin with enhanced security features. Read more »
Ghana: Cedi Strengthens in Value Against Dollar - U.S.1$ Now ¢13.70
The Ghana cedi strengthened in value against the dollar almost a day after the government launched the Debt Exchange Programme. Read more »
November 29, 2022
Ghana: Unbridled Demand for Imports Cause of Cedi Depreciation - Finance Minister
The Finance Minister, Ken Ofori-Atta, has said the demand for foreign exchange to support the unbridled demand for imports undermined and weakened the value of the cedi. Read more »
November 18, 2022
Ghana: Outlook of Cedi Depends On Ghana Reaching IMF Agreement - Fitch Solutions
The outlook of the Ghana cedi will depend on whether Gha-na reaches an agreement with the International Monetary Fund (IMF) and obtains funding in the months ahead. Read more »
November 04, 2022
Ghana: Cedi's Improved Performance to Be Sustained for Few Weeks - Currency Analyst
The recent improvement in the value of the Ghana cedi against the US dollar is expected to be sustained in the next couple of weeks, Lead Researcher at GCB Capital and a Currency… Read more »
October 26, 2022
Ghana: Redenominate Cedi to Trigger Low Dollar Demand - Finance Expert
A US-based associate professor of finance, Professor William Peprah, is calling for the redenomination of the Ghana cedi. Read more »
October 25, 2022
Ghana: BoG's Dollar Purchase From Miming, Oil Firms Contributing to Cedi Depreciation - JP Morgan
The Bank of Ghana's decision to purchase dollars from mining and oil companies, inadvertently reducing forex availability within the inter-bank market is one of the reasons behind… Read more »
Ghana: Measures to Halt Cedi Depreciation - BoG, Banks, Forex Bureaux Hold Crunch Meeting
The Bank of Ghana is scheduled to engage managers of commercial banks and forex bureau operators today as part of measures to halt rapid depreciation of the cedi and also curb the… Read more »
October 14, 2022
Ghana: 'New Currency' Novella Launched
A 63-page novella, "New Currency", which chronicles events of the infamous 1979 demonetisation of the cedi was launched in Accra yesterday. Read more »