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• Tsotsoo 10 months ago

  I am still praying and asking God to intervene for Ghana. Honestly the Finance Ministry and the Bank of Ghana should work very hard to get the Cedi rate at least ghc12 to 1US dollar. This will bring some relief to Ghanaians. ...
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  I am still praying and asking God to intervene for Ghana. Honestly the Finance Ministry and the Bank of Ghana should work very hard to get the Cedi rate at least ghc12 to 1US dollar. This will bring some relief to Ghanaians. When goods are affordable Ghanaians will not border themselves with who runs the country. Thank you and God bless our Homeland Ghana.

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• Abdul Wan 10 months ago

  The central bank has to abolished the using of floating exchange rate regime and introduce the fixed exchange rate regime where by the cedi is peg to the value of gold or the dollar at a fixed exchange rate. because If a coun ...
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  The central bank has to abolished the using of floating exchange rate regime and introduce the fixed exchange rate regime where by the cedi is peg to the value of gold or the dollar at a fixed exchange rate. because If a country is suffering from economic issues, such as unemployment or high inflation, floating exchange rates may intensify the existing problems. For example, depreciation of a country’s currency already suffering from high inflation will cause inflation to increase further due to an increase in demand for goods. Moreover, expensive imports may worsen the country’s current account.

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