-
Ghana: Falling Cedi Drags Stock Exchange Down
CAJ News, 27 November 2015
THE Ghana Stock Exchange (GSE) is bearing the brunt of the weakening Cedi, which over the months has been losing value against major currencies. Read more »
As the currency's value tumbles against major currencies, the Ghanaian Stock Exchange is struggling to compete against bourses on the continent.
Weakening currency worries Ghana.
The Ghanaian cedi has dropped to a record low on foreign exchange markets, prompting a call from President John Mahama for " fundamental changes" to the country's economy. Read more »
Over the course of 2014, the cedi lost about a third of its value, despite government efforts to halt the decline, and threatened the stability of the country's economy. Read more »
AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.
Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.