DOLLAR RATE

I Highly Commend The House Helps For Stealing Cecelia Dapaah’s Money; They Helped Stabilise The Dollar Rate- Kafui Amegah

I Highly Commend The House Helps For Stealing Cecelia Dapaah’s Money; They Helped Stabilise The Dollar Rate- Kafui Amegah

Communication team member for the New Patriotic Party, Kafui Amegah, has highly commended the culprits involved in the theft which occurred at the premise of  Honorable Cecelia Dapaah. Kafui Amegah eulogized the accused house helps of the former Minister for Aviation and Sanitation and Water Resources, Honorable Cecelia Dapaah, for stealing her thousands of dollars hoarded in her house in an interview with Kwaku Dawuro, on Movement In The Morning show, which airs on Movement TV/Wontumi radio. According to him the culprits need to be released since the move they made saved the country from crisis by stabilising the dollar…
Read More
Government Should Put A Ban On The Importation Of Non-Essential Goods- Kwabena Marfo

Government Should Put A Ban On The Importation Of Non-Essential Goods- Kwabena Marfo

A communicator of the New Patriotic Party (NPP), Kwabena Marfo, has called for the ban of non-essential goods as most of these items are produced here in Ghana through the 1 district 1 factory agenda. While speaking on the current price hike, Kwabena Marfo stated the depreciation of the cedi is as a  result of the high importation of consumable and non consumable products. Speaking with Kwaku Dawuro on Movement In The Morning Show, he said that ‘’through the one district one factory agenda, Ghana has the capacity to produce non essential goods, but we are still importing which is…
Read More
NDCs Are Behind The Depreciation Of The Cedi- Kwasi Botwe Says

NDCs Are Behind The Depreciation Of The Cedi- Kwasi Botwe Says

A communicator of the New Patriotic Party, (NPP), Kwasi Botwe has stated the National Democratic Congress (NDC’s) are behind the rampant depreciation of the cedi. According to him they have sponsored the people behind the black market to depreciate the cedi. He said this when he joined Kwaku Dawuro on Movement In The Morning Show on Wednesday 19th October, 2022. Speaking he said that ‘’several factors affects the dollar including the black market-If you go to forex bureau and they don’t have the amount of  dollar you want to exchange, they call the ‘’baba’’ to exchange for you, and these…
Read More

Dollar Shortage Hits Forex Market, Cedi Depreciation Nears ¢10 Mark

Dollar shortage has hit the forex market as the rate of depreciation of the Ghana cedi nears GH¢10 to one US dollar. Checks with some banks and forex bureau by Joy Business indicate that whilst some banks are quoting ¢9.95 to the dollar, others are selling a dollar for ¢9.90. However, the situation is worst at the forex bureaus as they are quoting between ¢9.97 and ¢10.5 to one American greenback. As of Monday, August 15, 2022, the cedi had lost about ¢3.15 on the face value to the dollar since the beginning of the year. Some Senior Relationship Managers…
Read More