Mussa Dankwah has laid out a compelling argument on how such an event could trigger a downward spiral in the Ghanaian economy, ultimately leading to a depreciation of the cedi. He began by ...
Mahama inherited Ghana’s worst economic crisis in years. The public debt soared from 63 per cent of GDP in 2019 to 92.7 per cent in 2022, plunging the cedi into huge depreciation, and shooting ...
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Ghanaian boy flaunts wealth on social media, displays stacks of cash: "Grace is speaking"In a video circulating on social media, Nana Kay displayed stacks of Ghanaian cedi notes packed in his room ... as his employment history remains unclear. Ghanaian Law on Public Display of ...
Ghana's local currency, the cedi, has experienced marginal gains against major trading currencies, especially the dollar, at some forex bureaus. The Central Bank, in its daily update, noted that ...
The Ghana cedi is projected to close the year around GH¢17.70 to one US dollar in 2025, with a deviation of ± GHp20, Databank Research has revealed. Its expectation is supported by the likely ...
Reports have indicated the cedi is currently selling above GH¢16 for the first time since November 2024. Ghana's local currency, the cedi, experienced marginal gains against major trading ...
In an effort to curb the depreciation of the cedi, the Bank of Ghana sold over $200 million during the last quarter of 2024. BREAKING: $1 has crossed 16 cedis for the first time in 2025.
A Ghanaian man has generated a buzz for himself on social media after he openly flaunted hos wealth by displaying stacks of cedis notes in his room.
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