TAG
Cedi Depreciation
GHAFET Warns of Protest Over Cedi Depreciation If Government Fails to Act
The Ghana Federation of Traders (GHAFET) has cautioned that they will stage a nationwide demonstration if the government fails to take necessary steps to...
Ato Forson Projects IMF Programme Failure due to Reckless Spending, Cedi Depreciation
Minority Leader of Ghana’s Parliament, Dr. Cassiel Ato Forson has alleged that a major
contributor to the cedi depreciation is huge government expenditure which he...
Bawumia’s Credibility now Tattered, Cedi on its Knees Despite IMF, World Bank Support, says Minority
The Minority in Parliament has bemoaned the rate of the cedi's rapid decline and has called on the flagbearer of the New Patriotic Party...
Bloomberg Forecasts Dollar to End Year at GH¢16 Amidst Historic Decline
Bloomberg, a prominent financial and media company, has forecasted a further depreciation of the Ghanaian cedi, projecting it to reach a value of GH¢15.98...
Dividend Payments and Profit Repatriation Drives Cedi Depreciation to over 13.35%
The current depreciation of the cedi can be attributed significantly to dividend payments and profit repatriation by multinational companies, as they fuel unprecedented demand...
- Advertisement -