Jesus Christ loves you and wants to save you from sin and its consequences. Vanity upon vanity—everything in this world is meaningless without Him. He died on the cross for your sins, was buried, and rose again on the third ... read full comment
Jesus Christ loves you and wants to save you from sin and its consequences. Vanity upon vanity—everything in this world is meaningless without Him. He died on the cross for your sins, was buried, and rose again on the third day. Believe in Him, accept His gift of forgiveness, and receive eternal life! (John 3:16).khvfd
Kk Raster 1 year ago
Because you manipulated it and it didn't reflect in the Ghanaian market. Prices were not reduced.
Because you manipulated it and it didn't reflect in the Ghanaian market. Prices were not reduced.
TWEAA DC 1 year ago
SOME PEOPLE COMPLAINED AND SO WHAT MR BANKER?...THE CEDI APPRECIATED AS A RESULT OF YOUR INTERVENTION AND YOU HAVE BEEN EXPOSED NOW....WE LIVE TO SEE YOUR COMPETENCY IN THE DAYS AHEAD...TWEAA.
SOME PEOPLE COMPLAINED AND SO WHAT MR BANKER?...THE CEDI APPRECIATED AS A RESULT OF YOUR INTERVENTION AND YOU HAVE BEEN EXPOSED NOW....WE LIVE TO SEE YOUR COMPETENCY IN THE DAYS AHEAD...TWEAA.
Nana 1 year ago
Unbelievable. An official at the BOG speaking this way? What shows that we are on top of our exchange rate regime? If what happened on the forex market in the last 6 months was beneficial to the economy and more importantly, ... read full comment
Unbelievable. An official at the BOG speaking this way? What shows that we are on top of our exchange rate regime? If what happened on the forex market in the last 6 months was beneficial to the economy and more importantly, sustainable, why will this even be a concern in the first place?
.mr amin 1 year ago
BoG you are speaking nonsense the cedi is key to all aspects of the economy why allow these so call Businesses to stop the appreciation of the cedi, my question is when they were competitive did it reduce petrol prices or inf ... read full comment
BoG you are speaking nonsense the cedi is key to all aspects of the economy why allow these so call Businesses to stop the appreciation of the cedi, my question is when they were competitive did it reduce petrol prices or inflation goes down? Useless businesses, BoG sit up and save the cedi
.mr amin 1 year ago
BoG you are speaking nonsense the cedi is key to all aspects of the economy why allow these so call Businesses to stop the appreciation of the cedi, my question is when they were competitive did it reduce petrol prices or inf ... read full comment
BoG you are speaking nonsense the cedi is key to all aspects of the economy why allow these so call Businesses to stop the appreciation of the cedi, my question is when they were competitive did it reduce petrol prices or inflation goes down? Useless businesses, BoG sit up and save the cedi
Kofi 1 year ago
And this dude works at BOG and he has no sense. Tell me how a currency which appreciates 40% in 2 months is healthy for the overall economy. Not only does it hurt exports which any country needs in order to have a functioning ... read full comment
And this dude works at BOG and he has no sense. Tell me how a currency which appreciates 40% in 2 months is healthy for the overall economy. Not only does it hurt exports which any country needs in order to have a functioning healthy economy, it also hurts remittances which makes up about 5% of Ghanas GDP and many Ghanaians depend on, and tourism which the country is trying to use to boost the economy. No wonder Ghana is such a mess.
GABaa 1 year ago
A strong cedi is not in the interest of Ghana. A country that imports practically everything should have a managed currency. BOG is supporting the currency with reserves which will be limited in nature.
A strong cedi is not in the interest of Ghana. A country that imports practically everything should have a managed currency. BOG is supporting the currency with reserves which will be limited in nature.
Dollar people got cheated 1 year ago
They got less cement for their dollars.
They got less cement for their dollars.
Do 1 year ago
When the euro was 18 cedis I bought a bag of cement 120 cedis when it came down to 12 cedis I bought the same back of cement 120, for this, what's the sense of the appreciation of the cedi to me?
When the euro was 18 cedis I bought a bag of cement 120 cedis when it came down to 12 cedis I bought the same back of cement 120, for this, what's the sense of the appreciation of the cedi to me?
Chris 1 year ago
Some prices came down, iron rod came down from 9700 to 6400. We didn't have the patience for the market to respond. We need a stable economic environment. It's unfortunate that the cedi has started deprecating again, it affec ... read full comment
Some prices came down, iron rod came down from 9700 to 6400. We didn't have the patience for the market to respond. We need a stable economic environment. It's unfortunate that the cedi has started deprecating again, it affects working capital negativity. Money made through those exports would be spent on high cedi expenditures. Whether deprecation or appreciation, some businesses would be negatively affected.
Williams 1 year ago
The Cedi appreciated over 35 percent and prices barely dropped. Merchants have to be held accountable as well. March 2024 1 bag of ghacem was 99ghc 1 dollar was 14ghc. Two months ago they were charging 130ghc for ghacem and a ... read full comment
The Cedi appreciated over 35 percent and prices barely dropped. Merchants have to be held accountable as well. March 2024 1 bag of ghacem was 99ghc 1 dollar was 14ghc. Two months ago they were charging 130ghc for ghacem and a dollar was 15ghc. Make it make sense.
TT 1 year ago
Ooh yh, that's how daft some Ghanaians are so you'll have someone telling you that the higher the exchange rate the better and the gullible will believe it. Foolishness.
Ooh yh, that's how daft some Ghanaians are so you'll have someone telling you that the higher the exchange rate the better and the gullible will believe it. Foolishness.
Lord Peppers 1 year ago
@@TT it is a fact that after the appreciation of the cedi prices remained the same and the bank interest rates also did not dip.
What kind of economics is this????
@@TT it is a fact that after the appreciation of the cedi prices remained the same and the bank interest rates also did not dip.
What kind of economics is this????
Maranatha 1 year ago
Jesus is coming soon
Jesus is coming soon
Kojois 1 year ago
Stupid comments. What useless comment is this
Stupid comments. What useless comment is this
KWASI IN EUROPE 1 year ago
This man should not speak this nonsense at UCC because the students will see through the lies. Who did not know that the artificial exchange rate would not last? You only did that for the illiterate NDC followers to clap for ... read full comment
This man should not speak this nonsense at UCC because the students will see through the lies. Who did not know that the artificial exchange rate would not last? You only did that for the illiterate NDC followers to clap for you. There were no dollars at the banks. They were all with abotsi in the streets.
Od 1 year ago
Hmmmmmm
Hmmmmmm
Tamale North Boy 1 year ago
Poor or Bad Economist. Exporters who generate the foreign currency were being short changed. Cocoa beans purchase price was forced to low levels and you expect them to be happy? Nkwaseasem
Poor or Bad Economist. Exporters who generate the foreign currency were being short changed. Cocoa beans purchase price was forced to low levels and you expect them to be happy? Nkwaseasem
Asakramitoga 1 year ago
Don't mind these economic saboteurs. They only after their profits and not the betterment of the country
Don't mind these economic saboteurs. They only after their profits and not the betterment of the country
Koti 1 year ago
It's just like saying that when we improve our health care system it would lead to low casket sales. Are there any systems anywhere in the world that make all the people happy all the time? In Ghana, we have a lot of square p ... read full comment
It's just like saying that when we improve our health care system it would lead to low casket sales. Are there any systems anywhere in the world that make all the people happy all the time? In Ghana, we have a lot of square pegs in round holes. He shouldn't have said this let alone where he said it.
Very stupid for BOG official to say this 1 year ago
Looks like he thinks in the opposite direction. What country in the world will do what you were doing at the BOG. Just throwing our reserves into the market. We are all waiting you to announce the new national debt and your b ... read full comment
Looks like he thinks in the opposite direction. What country in the world will do what you were doing at the BOG. Just throwing our reserves into the market. We are all waiting you to announce the new national debt and your balance sheets
Ibrahim Saani 1 year ago
How can an official of BogG say things like this, eeih Ghana. This is serious, shameful and very worrying.
How can an official of BogG say things like this, eeih Ghana. This is serious, shameful and very worrying.
EGYIR 1 year ago
YOU ARE STUPID. HOW COULD EXPORTERS BE HAPPY. HOW DID IT HELP THE ORDINARY GHANAIAN. YOUR STUPID AND MANUPULATIVE CONTROL WAS BOUND TO BACKFIRE. DIDN'T IMF WARN YOU. HOW CAN YOU MAKE SOMEONE AS STUPID AS KEN OFORI ATTA THE ... read full comment
YOU ARE STUPID. HOW COULD EXPORTERS BE HAPPY. HOW DID IT HELP THE ORDINARY GHANAIAN. YOUR STUPID AND MANUPULATIVE CONTROL WAS BOUND TO BACKFIRE. DIDN'T IMF WARN YOU. HOW CAN YOU MAKE SOMEONE AS STUPID AS KEN OFORI ATTA THE FINANCE MINISTER. WHERE DID ATO FORSON HAVE HIS EDUCATION. IPS. A CORRUPT PERSON L8KE HIM.
Williams 1 year ago
Cedi gains are great ONLY if merchants adjust their prices accordingly. Unfortunately; in Ghana this doesn’t tend to be the outcome.
Cedi gains are great ONLY if merchants adjust their prices accordingly. Unfortunately; in Ghana this doesn’t tend to be the outcome.
Kwabena Bonsu Kyei 1 year ago
Why would anyone be furious when her own currency is doing well? I can't think far
Why would anyone be furious when her own currency is doing well? I can't think far
Jesus Christ loves you and wants to save you from sin and its consequences. Vanity upon vanity—everything in this world is meaningless without Him. He died on the cross for your sins, was buried, and rose again on the third ...
read full comment
Because you manipulated it and it didn't reflect in the Ghanaian market. Prices were not reduced.
SOME PEOPLE COMPLAINED AND SO WHAT MR BANKER?...THE CEDI APPRECIATED AS A RESULT OF YOUR INTERVENTION AND YOU HAVE BEEN EXPOSED NOW....WE LIVE TO SEE YOUR COMPETENCY IN THE DAYS AHEAD...TWEAA.
Unbelievable. An official at the BOG speaking this way? What shows that we are on top of our exchange rate regime? If what happened on the forex market in the last 6 months was beneficial to the economy and more importantly, ...
read full comment
BoG you are speaking nonsense the cedi is key to all aspects of the economy why allow these so call Businesses to stop the appreciation of the cedi, my question is when they were competitive did it reduce petrol prices or inf ...
read full comment
BoG you are speaking nonsense the cedi is key to all aspects of the economy why allow these so call Businesses to stop the appreciation of the cedi, my question is when they were competitive did it reduce petrol prices or inf ...
read full comment
And this dude works at BOG and he has no sense. Tell me how a currency which appreciates 40% in 2 months is healthy for the overall economy. Not only does it hurt exports which any country needs in order to have a functioning ...
read full comment
A strong cedi is not in the interest of Ghana. A country that imports practically everything should have a managed currency. BOG is supporting the currency with reserves which will be limited in nature.
They got less cement for their dollars.
When the euro was 18 cedis I bought a bag of cement 120 cedis when it came down to 12 cedis I bought the same back of cement 120, for this, what's the sense of the appreciation of the cedi to me?
Some prices came down, iron rod came down from 9700 to 6400. We didn't have the patience for the market to respond. We need a stable economic environment. It's unfortunate that the cedi has started deprecating again, it affec ...
read full comment
The Cedi appreciated over 35 percent and prices barely dropped. Merchants have to be held accountable as well. March 2024 1 bag of ghacem was 99ghc 1 dollar was 14ghc. Two months ago they were charging 130ghc for ghacem and a ...
read full comment
Ooh yh, that's how daft some Ghanaians are so you'll have someone telling you that the higher the exchange rate the better and the gullible will believe it. Foolishness.
@@TT it is a fact that after the appreciation of the cedi prices remained the same and the bank interest rates also did not dip.
What kind of economics is this????
Jesus is coming soon
Stupid comments. What useless comment is this
This man should not speak this nonsense at UCC because the students will see through the lies. Who did not know that the artificial exchange rate would not last? You only did that for the illiterate NDC followers to clap for ...
read full comment
Hmmmmmm
Poor or Bad Economist. Exporters who generate the foreign currency were being short changed. Cocoa beans purchase price was forced to low levels and you expect them to be happy? Nkwaseasem
Don't mind these economic saboteurs. They only after their profits and not the betterment of the country
It's just like saying that when we improve our health care system it would lead to low casket sales. Are there any systems anywhere in the world that make all the people happy all the time? In Ghana, we have a lot of square p ...
read full comment
Looks like he thinks in the opposite direction. What country in the world will do what you were doing at the BOG. Just throwing our reserves into the market. We are all waiting you to announce the new national debt and your b ...
read full comment
How can an official of BogG say things like this, eeih Ghana. This is serious, shameful and very worrying.
YOU ARE STUPID. HOW COULD EXPORTERS BE HAPPY. HOW DID IT HELP THE ORDINARY GHANAIAN. YOUR STUPID AND MANUPULATIVE CONTROL WAS BOUND TO BACKFIRE. DIDN'T IMF WARN YOU. HOW CAN YOU MAKE SOMEONE AS STUPID AS KEN OFORI ATTA THE ...
read full comment
Cedi gains are great ONLY if merchants adjust their prices accordingly. Unfortunately; in Ghana this doesn’t tend to be the outcome.
Why would anyone be furious when her own currency is doing well? I can't think far