Cedi shoots up from GH¢15.90 to GH¢16.10 against a dollar at forex bureaus

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Nzema K- TURN KETA INTO A HABOUR CITY 9 months ago

see NPP trailers sweating like fish in a galamsey pit.

they did not have time to monitor the cedi bcos at that time Akuffo Iddi Amin Adoo was the president..

What you are seeing today is a spill over from Akuffo Addos b ...
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see NPP trailers sweating like fish in a galamsey pit.

they did not have time to monitor the cedi bcos at that time Akuffo Iddi Amin Adoo was the president..

What you are seeing today is a spill over from Akuffo Addos bad governance. Get it and lets all live with it.
Short memory shithole country 9 months ago

Order sense

Order sense
Tamale North Boy 9 months ago

The cedi has no party colours. NDC has promised to stabilise it. The financial statement made on Tuesday has no policy to stabilise it. Speculators still rule the market. Simple

The cedi has no party colours. NDC has promised to stabilise it. The financial statement made on Tuesday has no policy to stabilise it. Speculators still rule the market. Simple
Opoku Amsterdam 9 months ago

@,Nzema,you are a typical Ndc illetrate.Nana Addo left the cedi at14 to the dollar .Its now 16 to one and you are talking shit.Go away with your ignorance.

@,Nzema,you are a typical Ndc illetrate.Nana Addo left the cedi at14 to the dollar .Its now 16 to one and you are talking shit.Go away with your ignorance.
Dede 9 months ago

Mugu

Mugu
Mt Everest 9 months ago

Why do you say Ghana's "local" currency and not just Ghana's currency? Has Ghana got multiple currencies or an international Ghanaian currency other than the Cedi? You downplay the Cedi by your statements and you're surprised ...
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Why do you say Ghana's "local" currency and not just Ghana's currency? Has Ghana got multiple currencies or an international Ghanaian currency other than the Cedi? You downplay the Cedi by your statements and you're surprised as to why it keeps tumbling.
Former President 9 months ago

How many times do you print thus rubbish. Don't you understand basic economics? CEDIS shoots up? Sorry it is the other way round. Yesterday rate was 15.90 meaning if you brought a $10 item it would cost GHc 159 today if you b ...
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How many times do you print thus rubbish. Don't you understand basic economics? CEDIS shoots up? Sorry it is the other way round. Yesterday rate was 15.90 meaning if you brought a $10 item it would cost GHc 159 today if you brought the same item it will cost you GHc 161. How is the value if the Cedis going up? Did you even study mathematics at school. Basic stuff. You do not deserve to be employed. Someone from KG2 even knows this. Maybe you have been listening to the lies of the politicians and bankers for much too long. Shame on you, you have embarrassed yourself, GhanaWeb and mislead the people.
Danny Currency Trader 9 months ago

tell them. I myself was confused by the SHOOTS UP statement

tell them. I myself was confused by the SHOOTS UP statement
Kaakeiku 9 months ago

Where are the neutral politicians? They are quiet bcos they've secured their appointments. Shame on you all

Where are the neutral politicians? They are quiet bcos they've secured their appointments. Shame on you all
Kofi Akwetey 9 months ago

It's not a gain. It's a loss. The cedi is deprecating. Ghanaweb is deliberately misinforming readers.

It's not a gain. It's a loss. The cedi is deprecating. Ghanaweb is deliberately misinforming readers.
Saint Ato 9 months ago

False......the cedi rate is 15.60......even the BOG interbank rates puts it at 15.54....you guys should stop the nonsense.

False......the cedi rate is 15.60......even the BOG interbank rates puts it at 15.54....you guys should stop the nonsense.
Cedi has DEPRECIATED not Gained. 9 months ago

Who is writing this news item? What finance or economic logic is in your title?

How can you say the cedi has gained when yesterday you bought $1 for Ghc15.90 and today you are paying Ghc16.10 for the same $1?

Simple edu ...
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Who is writing this news item? What finance or economic logic is in your title?

How can you say the cedi has gained when yesterday you bought $1 for Ghc15.90 and today you are paying Ghc16.10 for the same $1?

Simple education here: When you pay more cedis for $1, the cedi has depreciated (LOST) and if pay less cedis than the previous day, the cedi has appreciated (Gained) relative to the dollar.

Please stop writing news stories on topics you don't understand.
Lance 9 months ago

Mahama and Atta Mills took it from 1 cedi to 4 cedis in eight years while Akufo Addo and Bawumia took it from 4 cedis to 17 cedis in eight years. So npp falls short. They are the worst. If Mahama is able to take it up and it ...
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Mahama and Atta Mills took it from 1 cedi to 4 cedis in eight years while Akufo Addo and Bawumia took it from 4 cedis to 17 cedis in eight years. So npp falls short. They are the worst. If Mahama is able to take it up and it doesn't cross 20 cedis before leaving office, Ghanaians won't criticize him that much because it's always been his capabilities.
Hannan 9 months ago

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Kobby11_11 9 months ago

Who has been writing this lazy articles? Hiw can the cedi be recording marginal gains when it's rather depreciating. Ghanaweb back up.

Who has been writing this lazy articles? Hiw can the cedi be recording marginal gains when it's rather depreciating. Ghanaweb back up.
Abugre 9 months ago

The person who wrote does not understand the currency movement. The cedi has rather lost value not gained. We now need more cedis to buy the same amount of dollars we bought last. This is loss in value of the cedi.

The person who wrote does not understand the currency movement. The cedi has rather lost value not gained. We now need more cedis to buy the same amount of dollars we bought last. This is loss in value of the cedi.
Tsotsoo 9 months ago

God save our Cedi. Already prices of goods and services are very high. Bank of Ghana's Governor please use the magic wand to control the Cedi against the US dollar. We are dying slowly. Thank you.

God save our Cedi. Already prices of goods and services are very high. Bank of Ghana's Governor please use the magic wand to control the Cedi against the US dollar. We are dying slowly. Thank you.
Tema port has been stolen yayayaya s3 Yaaya 9 months ago

Cedi is following Naira

Cedi is following Naira
Lordma 9 months ago

I am very sorry for our self as ghanaians all this projects will standstill mahama will do some and do his own self project before he left power .npp cost it because the were doing to much project which I agree with them bec ...
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I am very sorry for our self as ghanaians all this projects will standstill mahama will do some and do his own self project before he left power .npp cost it because the were doing to much project which I agree with them because ghana wasn't beautiful not nice at all compare to other Africa countries the tells npp to put this development but they forget to check themselves about ghana to feed ghanaians who starving on hunger food and every went up all because of the dollar they do not stabilize it and keep doing project opone project that got them to apparty of their own people including me myself I didn't like the they were govern thank you this is it .
Lordma 9 months ago

I am very sorry for our self as ghanaians all this projects will standstill mahama will do some and do his own self project before he left power .npp cost it because the were doing to much project which I agree with them bec ...
read full comment

I am very sorry for our self as ghanaians all this projects will standstill mahama will do some and do his own self project before he left power .npp cost it because the were doing to much project which I agree with them because ghana wasn't beautiful not nice at all compare to other Africa countries that tells npp to put this development but they forget to check themselves about ghana to feed ghanaians who were starving on hunger for food and living conditions while everything went up on prices expensive all because of the dollar they do not stabilized and keep going up and up doing project opone project that got them to apparty of their own people including me myself I didn't like the way they were governing thank you this is it .

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Cedi shoots up from GH¢15.90 to GH¢16.10 against a dollar at forex bureaus

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