World Bank warns against BoG's 'excessive' intervention in foreign exchange market
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This article is closed for comments.
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OK. We'll noted.
What's the problem with the World Bank about the intervention of BoG on Ghana's currency? Do they have any vested interest in Cedi depreciation? What kinda shit!!
Too much noise these days from the World Bank.
Then tell your government not to go borrow from them!!
In that case they will mind their business!!
How is the cedi benefiting us when the price of school fees, rent, and food are all up through the roof?
To hell with the world Bank the Constitution mandate the BoG to protect the value of the cedi and if they are doing that by any legitimate means what is your problem Mr world Bank pls off
If America is printing dollars to shore up its economy, that one they call it smart move. The IMF and the World Bank are our major problem. These are imperialist institutions setup to make sure african countries especially do ...
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World Bank leave us alone . you were praising the deveoish dwarf who destroyed the economy
Please don't listen to any advice from the World Bank. Continue to implement your macro-economic policies based on reality on the ground and not what they tell you from Washington DC.
Ghanaweb, can you tell us when the World Bank did this? I suspect this is old news.
Yes exactly so. It’s an old news so l don’t know why they are bringing it up again.
Let’s be wear of the enemies of our nation.
Currently the NPP is not the only enemy of Ghana, they are more than we think of
Your clueless John Mahama is the enemy of Ghana not NPP. Where in the World does a government have an office for prophecy review that is maintained by tax papers money? Nkwaseafuo
Your clueless John Mahama is the enemy of Ghana not NPP. Where in the World does a government have an office for prophecy review that is maintained by tax payers money? Nkwaseafuo
Aponkye, have you asked yourself why do all these Doom "Prophets" come from the Ashanti Region? Even if they're in Accra. Everytime, such and such a person will die, such and such a Gov't person will get an Accident. You peop ...
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NPP started it with the appointment of clueless prophet onto a board.
Is that prophet the reason you proclaim "we have the men"
LOVE YOU BEN
Why can't the World Bank/IMF allow Ghanaians to breathe?
Can the world Bank and IMF tell this to Burkina, Mali and Niger? We have licked their boots and begged this guys for so long so they don't have any respect for us. At least for once we must call their bluff and tell them to s ...
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gk, unfortunately we don't have leaders with balls. Once we claim to be practicing democracy, they will be on our necks through our so called democratically elected leaders who have so many skeletons in their cupboards and ca ...
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Do you have the balls you say our leaders don't have?
Hahaha
Mahama's AZAAR government has introduced AZAAR foreign exchange and illiterate NDC ANIMALS are happy. But the consequences are coming. But as usual, NDC ANIMALS are punching the World Bank. So sad. Why should the World Bank n ...
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What did the world bank do when Ghanaians were struggling with inflation the detailed all gains that pushed middle income earners into beggers?
They should talk about the dollar, the pounds, and the euro as well.
U ars enjoying this stabikity becayse if World Bankinterventions and the IMFprogram .When the program is over hmmmmm
U ars enjoying this stability because of World Bank interventions and the IMFprogram. When the program is over hmmmmm
So the WB has given 5 reasons for the good performance but are warning against one. What's their reason? Is it illegal to intervene?
This Bank what at all do they offer? If someone is sick, they don't want the patients to take a medicine and heal. Do they want the government to stand aloof for the cedis to depreciate? The only way the economy to flourish i ...
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So BOG should keep the dollars in their vault? What kind of western neo-colonialist strategy is this ? They do not want the avery African to have higher purchasing power.
This mad dog call World Bank. They always don't want us a happy life like US, China etc. They want us to borrow and be in poverty forever.
If we are making forex from Gold and other exports we should be using that to stabilize the currency market and improve the economy. What is the essence of keeping our money in foriengn banks who use our money to lend to thei ...
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Please bring the dollar to one Ghana. Don't mind them
Who have given them the power to dictate to us? When things are bad they kept quiet,when you are doing good they're warning you but the money they loan to us will be paid with interest so what's their problem?
Enough of this crap. Neither the World Bank or IMF was set up for the benefit of Ghana.Nobody in Ghana voied for any of the over paid, self anointed żealots at the World Bsnk.Are they doing the same to Tunisia, Jordan etc w ...
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They don’t want us to live in peace and thriving without causing havoc and destruction, all they want us to do is bend over for a F*CK from our backside or bend down for a blow job. FUCKER!
These bastards don't want anything good for African countries. The Government should intensify increase of the gold reserves to support the currency and produce what we consume. Limit consumable imports that can be produced i ...
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Bank of America dollar monopoly or world bank? When the dollar was running to ghc20 did the so call world bank say something ?
The world Bank is the most useless institution in the world. All their policies are targeted towards sustaining poverty and financial problems for Africa. The sole mandate of the BOG is to manage our currency to be strong and ...
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Hear what these evil world bank and their falling IMF saying, thaey are panicking because Ghana is on the right path to economic freedom. We don´t need any advice from them.
Ghanaweb, why? Is it not our money? It's our fault if we had taken care of the money we get, they wouldn't tell us how to use it. When prices drop does it affect IMF or Ghanaians? House Niggers.
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34
World Bank warns against BoG's 'excessive' intervention in foreign exchange market
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Dr.smoke
Money
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These guys are not serious. Please don't mind them do what Ghanaians voters want and you will surely succeed. The World Bank was with Nana Addo government what meaningful thing did the government do then. Let's take out desti ...
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What is even interesting is that the World Bank never said that in their report and this story is over a month old now. The NPP new owners of Ghanaweb are working overtime to kill this appreciation of the cedi. Its a strategy ...
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The BOG, should do whatever it takes to keep the Cedi from depreciating.
Who has given thw world bank power to be melding in our currency affairs . We want a stable economy and not imperialist manipulation what are the functions of world and our bank of Ghana they should give us break . What w ...
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I think BoG should rather intensify it intervention
The Cedi's appreciation against the major currencies is only benefiting inter bank transactions. It's totally different at the Forex markets. You will never get it at those rates being mentioned. Its all black market trading. ...
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