Government won't allow cedi to reach GH¢18 to a dollar – Currency Analyst


Read Comments Comments (19)

  • What can the govt do? 7 months ago

    If anything can be done about the cedi, now is the time to do it. Why wait till things get worse?

  • Why wait and act only during times of elections? 7 months ago

    Roads are repaired, allowances are paid, and promises are made only during an election year.

    Does this mean that if there were no elections this year, the govt would allow the cedi to depreciate to GHS 20?

  • Freewill 7 months ago

    Quite bogus! If government have control the exchange rate would be 1:1. We are watching!

  • Former President 7 months ago

    What can they do? Do they even know what to do? You can beg for an IMF bailout and wonder why the cedis is worth less than toilet paper. Kindergarten economics

  • TT 7 months ago

    Meanwhile The National idiot says the cedis is doing better than ever before.

  • Abiba 7 months ago

    His face even looks like a fool. Bawumia's face looks like a fool

  • Farmer 7 months ago

    He is right in so far that the government will do everything in its power to slow the depreciation of the Cedi because it will make them loose any chance of winning the election. But they are already doing whatever is in thei ...
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  • Cut expenditure, reduce ministers 7 months ago

    What about cutting expenditure?

  • Wisefolk 7 months ago

    Currency Analyst talking about elections and the government will do something. Really? In Ghana any idiot is an Analyst. I found nothing analytical about his views.

  • Bawumia has a Greasy pole to climb 7 months ago

    Don't worry, Bawumia will reverse everything if he comes to power. Lol

  • Bawumia has a Greasy pole to climb 7 months ago

    Don't worry, Bawumia will reverse everything if he comes to power. Lol

  • UncoverGh.NY 7 months ago

    @Farmer the accusations being levelled against the Bank of Ghana is the same as those for which the former governor of the Central Bank of Ni9eria is standing trail for.
    It's quite stinking so pls find them out for yourself ...
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  • UncoverGh.NY 7 months ago

    Suddenly the Central Banks pumps so much local currency into the system and Ike Adongo is alleging that a chunk of this new money may not even be in the banking system all chasing after this limited amounts of foreign exchang ...
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  • Cut expenditure, reduce ministers 7 months ago

    Amishaddai and the other retiree commissioner of IRS were threatening to tax remittances from Ghanaians abroad. Ghanaians abroad are not as stupid as the government so they advised themselves. Hence the reduced foreign curren ...
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  • Chief 7 months ago

    so it's an achievement to be at 15 now abi?? kwaasiato!!!

  • BOY KOFI 7 months ago

    Put on your life jacket,the ship is sinking very fast.Tnx.

  • Kissi 7 months ago

    Rubbish! Why did they “allow” it to reach GHS15 to the dollar? An analyst indeed!

  • Critical Thinker 7 months ago

    Government should audit profit repatriation by Chinese at Quarry sites around Winneba to Kasoa enclave, this Chinese are making huge profits.

  • Kimi 7 months ago

    Government won't allow? How ridiculous this so-called sounds.