CEDI DEPRECIATION Archives

The Ghana cedi depreciated by 2.94% against the US dollar last week, bringing its year-to-date loss to 3.87% since January

Cedi Depreciation To Slow Down This Week As Demand Pressure Subsides, One Dollar Equals GH¢16.28

The depreciation of the Ghana cedi is expected to slow down this week as demand pressure subsides. This is coming

The depreciation of the cedi to the dollar continued unabated as the local currency hit GH¢14.18 to the American greenback

Finance Minister, Dr. Mohammed Amin Adam has stated that the anticipated $1.2 billion from development partners will bolster the local

The Ghana cedi has lost about 4.44% in value to the US dollar since the beginning of the year. Last

The Ghana cedi has lost about 3.66% in value to the US dollar since the beginning of 2024. The local

The Economist Intelligence Unit (EIU) has revised its projected depreciation of the cedi to dollar in 2023 to about 23.0%,

The President of the Ghana Union of Traders Associations (GUTA), Joseph Obeng has predicted that the cedi will see a

The Governor of the Bank of Ghana, Dr. Ernest Addison has noted that the depreciation of the cedi is due

Ken Ofori-Atta, Minister of Finance, stated in the 2023 budget statement that Ghana’s public debt has increased by GH¢93 billion