Chinese Yuan To The Rescue Of Cedi ?

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OSEI TAWIAH 10 years ago

As they struggle to catch their last breadth the Europeans are trying to commit suicide taking Africa with them by forcing us to swallow a bad pill.

As they struggle to catch their last breadth the Europeans are trying to commit suicide taking Africa with them by forcing us to swallow a bad pill.
DAN 10 years ago

you have been fucked in the anus too many times and its destroyed your brain! i just sent western union to ghana 1 hour ago and rate was $1=2.71 cedi..since western union makes profit the offical rate is 1=2.8..Ghana is bankr ...
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you have been fucked in the anus too many times and its destroyed your brain! i just sent western union to ghana 1 hour ago and rate was $1=2.71 cedi..since western union makes profit the offical rate is 1=2.8..Ghana is bankrupt and why if you want people to buy ghana goods have any thing to do with China money? China has already been accused by western states of keeping them money devalued to all Made in China goods cheaper than made in usa/uk/ghana!
OSEI TAWIAH 10 years ago

So you think "Made in Ghana" goods are better than those of China and therefore we should rather import from the U.K. and the U.S.A., right? O.K, I get that, thank you for your low level I.Q.

So you think "Made in Ghana" goods are better than those of China and therefore we should rather import from the U.K. and the U.S.A., right? O.K, I get that, thank you for your low level I.Q.
The Mask 10 years ago

We must not forget that the role of currency is to facilitate the exchange of goods and services. That is commodity-Money-Commodity (C-M-C)

The (Bank of Ghana) BOG must ensure that foreign currencies are supplied to only G ...
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We must not forget that the role of currency is to facilitate the exchange of goods and services. That is commodity-Money-Commodity (C-M-C)

The (Bank of Ghana) BOG must ensure that foreign currencies are supplied to only Ghanaian importers of foreign goods. These must not fall into the hands of foreigners operating in Ghana who earn cedis but who would want to transfer funds to their shareholders in dollars.

Ghana has a market economy. Ghana is not an OECD country. Prices of goods and services in Ghana must be determined by demand and supply.

There is supply of certain currencies but absolutely no demand for those currencies. What should be the value of these currencies? These currencies include Canadian dollar, Australian dollar, Swiss Franc, Danish krone, Swedish krona, Norwegian Krone. Swift transfers to Ghana in these currencies must be rejected. All EU countries must transfer or bring to Ghana only Euros.

The global oversupply of United States dollars is disturbing.

On the contrary there is demand for chinese Yuan but there is no supply in Ghana.
Krikri,, 10 years ago

Our over reliance on the West has becn hurting us for decades. Let's go to China direct to save ourselves from total destruction.

Our over reliance on the West has becn hurting us for decades. Let's go to China direct to save ourselves from total destruction.
OSEI TAWIAH 10 years ago

For the first time in his life, Alhaji Bature has opened up a very interesting and important issue in this Article to the people of Africa. Thank you Bature, we need to hear more of important issues like this.

For the first time in his life, Alhaji Bature has opened up a very interesting and important issue in this Article to the people of Africa. Thank you Bature, we need to hear more of important issues like this.
DAN 10 years ago

you brains have been destroyed by hiv infected semen and you seem to think ndc(nigger demolition crew) is doing a great job...i hope your nigger ass dies of starvation and disease thanks to ndc!

you brains have been destroyed by hiv infected semen and you seem to think ndc(nigger demolition crew) is doing a great job...i hope your nigger ass dies of starvation and disease thanks to ndc!
Baaba 10 years ago

Dan,
If the monitors of Ghanaweb had any decency, your comments would not be here. You are very rude and crass. Your imitation of American insults is fake and gives you away as an illiterate. You were either not raised pr ...
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Dan,
If the monitors of Ghanaweb had any decency, your comments would not be here. You are very rude and crass. Your imitation of American insults is fake and gives you away as an illiterate. You were either not raised properly or are a boring showoff.
Atul 10 years ago

pity Ghana

pity Ghana
OBIBINI 10 years ago

Thank God the dollar's dominance of the world economy is coming to an end.America has used its dollar economy to oppress and dominate nations all over the world.No condition is permanent.The dollar is now a dying currency.

Thank God the dollar's dominance of the world economy is coming to an end.America has used its dollar economy to oppress and dominate nations all over the world.No condition is permanent.The dollar is now a dying currency.
THE 1ST GAY VP AMISSAH-ARTHUR 10 years ago

I WILL RATHER DIE OR KILLED BY THE USA THAN THE CHINESE
GOD BLESS OUR HOMELAND GHANA!

I WILL RATHER DIE OR KILLED BY THE USA THAN THE CHINESE
GOD BLESS OUR HOMELAND GHANA!
ADONGO 10 years ago

ALL DIE BE DIE,ABIE

ALL DIE BE DIE,ABIE
PAPA ORLANDO(BREMANG KUMASI) 10 years ago

WHERE ARE WE HEADING GHANA?CHINESE YUAN CAN NOT RESCUE ALL THE LOANS THIS CURRENT GOVERNMENT HAS BEEN ACCUMULATED,AND AT THE SAME TIME,THIS CHINESE GOVERNMENT IS GOING TO INCREASE HIS IMPORT WHICH IS GOLD BUSINESS AND THE EX ...
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WHERE ARE WE HEADING GHANA?CHINESE YUAN CAN NOT RESCUE ALL THE LOANS THIS CURRENT GOVERNMENT HAS BEEN ACCUMULATED,AND AT THE SAME TIME,THIS CHINESE GOVERNMENT IS GOING TO INCREASE HIS IMPORT WHICH IS GOLD BUSINESS AND THE EXPORT WILL BASED ON TYPE OF LOANS AND LONG TERM WHICH WILL SECURED CHINESE TRADE INTO THE COUNTRY.THIS YUAN RESCUE IS NOT GOOD IDEA FOR EVEN TWO YEARS.GHANA IS NOT ZIMBABWE AND GHANA HAS A LOT OF OPTIONS AND RESOURCES NOT TO ADOPT ANY FAKE DEALS AND DEBTS.UNITY WE STAND
The Mask 10 years ago

The (Bank of Ghana) BOG must ensure that foreign currencies are supplied to only Ghanaian importers of foreign goods. These must not fall into the hands of foreigners operating in Ghana who earn cedis but who would want to tr ...
read full comment

The (Bank of Ghana) BOG must ensure that foreign currencies are supplied to only Ghanaian importers of foreign goods. These must not fall into the hands of foreigners operating in Ghana who earn cedis but who would want to transfer funds to their shareholders in dollars.

Ghana has a market economy. Ghana is not an OECD country. Prices of goods and services in Ghana must be determined by demand and supply.

There is supply of certain currencies but absolutely no demand for those currencies. What should be the value of these currencies? These currencies include Canadian dollar, Australian dollar, Swiss Franc, Danish krone, Swedish krona, Norwegian Krone. Swift transfers to Ghana in these currencies must be rejected. All EU countries must transfer or bring to Ghana only Euros.

The global oversupply of United States dollars is disturbing.

On the contrary there is demand for chinese Yuan but there is no supply in Ghana.

We must not forget that the role of currency is to facilitate the exchange of goods and services. That is commodity-Money-Commodity (C-M-C)
bf 10 years ago

How come that you make the Chinese Yuan to rescue the falling cedi? The currency is not accepted any where except in China. every country is pegging her currency to the dollar not matter how weak the dollar is at now. Please ...
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How come that you make the Chinese Yuan to rescue the falling cedi? The currency is not accepted any where except in China. every country is pegging her currency to the dollar not matter how weak the dollar is at now. Please revise your priority.
Fidelis 10 years ago

We hope this policy will help the cedi? Our main problem is non-industrialized nature of the economy where we produced practically nothing to export and our imports also outwit our imports. Our policy make us must wake up!

We hope this policy will help the cedi? Our main problem is non-industrialized nature of the economy where we produced practically nothing to export and our imports also outwit our imports. Our policy make us must wake up!
poko a poko 10 years ago

In fact Ghanaian leaders are gullible.
Even the Chinese themselves hate the yuan.How the hell is that going to resolve the issue of the falling cedi.
Brain dead people

In fact Ghanaian leaders are gullible.
Even the Chinese themselves hate the yuan.How the hell is that going to resolve the issue of the falling cedi.
Brain dead people
Obrefo 10 years ago

BOG and the incompetent economic advisers of Mahamah should tell me the real value of the Yuan in comparison to any major currency at any given day?

BOG and the incompetent economic advisers of Mahamah should tell me the real value of the Yuan in comparison to any major currency at any given day?
Say the Truth 10 years ago

CAN'T BELIEVE IF THIS IS THE BELIEVE, MENTALITY AND THE KNOWLEDGE OF GHANAIAN ECONOMICS ABOUT CURRENCY EXCHANGE AND ECONOMIC FOUNDAMENTALS!!!

WHO GAVE THEM THAT NOTION AND KNOWLEDGE THAT GHANAIANS SWITCHING TO YYEUN TO TRA ...
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CAN'T BELIEVE IF THIS IS THE BELIEVE, MENTALITY AND THE KNOWLEDGE OF GHANAIAN ECONOMICS ABOUT CURRENCY EXCHANGE AND ECONOMIC FOUNDAMENTALS!!!

WHO GAVE THEM THAT NOTION AND KNOWLEDGE THAT GHANAIANS SWITCHING TO YYEUN TO TRADE WITH CHINA WILL IMPROVE THE VALUE OF THE CEDI IN RELATION TO THE YEUN??????

hahahahahahhahaha NO WONDER THE CEDI IS FALLEN AND FALLED AND THEY DON'T KNOW WHAT TO DO TO IMPROVE THE GHANAIAN ECONOMY TO SAVE THE CEDI FLUACTUATING AS IT IS DOING NOW!!!

THEY SHOULD RATHER SWALLOW THEIR PRIDE AND GO BACK TO READ THE SPEECH BAWUMIA GAVE AND SEEK FOR EXPERT ADVISE INCLUDING BAWUMIAH'S!!!

I CANT BELIEVE WHAT THEY ARE SAYING ABOUT SAVING THE CEDI FALL BY SWITCHING FROM THE DOLLAR TO THE YUEN!!!!!

IS THE YEUN NOT A FOREIGN CURRENCY????/

THE TRUTH, FACT AND REALITY IS THAT GHANA CEDI IS FALLING TO OTHER FOREIGN CURRENCY INCLUDING THE DOLLAR, YEN, EURO$$$, CFA FRANCS, FRENCH FRANCS, DEUTCHMARK, E.T.C. ET,C.....haaaahjahahahhahahahahhaha

Tweaaaaaaaaaaaaaaaaaaaaaahhhhhhhh Ghana Economic managers ARE REALLY REALLY STUPID IN ECONOMICS & FINANCE!!!!!!!!!!!
Justman 10 years ago

DIRECT CONVERSION FROM YUAN TO CEDIS WILL HELP REDUCE THE DEMAND FOR DOLLAR.AFTER ALL IT IS THE GOODS YOU WANT NOT THE DOLLARS.

DIRECT CONVERSION FROM YUAN TO CEDIS WILL HELP REDUCE THE DEMAND FOR DOLLAR.AFTER ALL IT IS THE GOODS YOU WANT NOT THE DOLLARS.
Brobbsnet-USA 10 years ago

The Ghana economy needs a surgery to remove the bullet NOT a bandage on the wound.!

The Ghana economy needs a surgery to remove the bullet NOT a bandage on the wound.!

Chinese Yuan To The Rescue Of Cedi ?

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