'The days of the cedi's excess volatility are coming to an end' - Governor Asiama

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CITIZEN 10 months ago

We thank God. May it be so if the fundamentals are put right. Fundamentals of making things for ourselves instead of relying mostly on imports

We thank God. May it be so if the fundamentals are put right. Fundamentals of making things for ourselves instead of relying mostly on imports
Artifical strengthening of the cedi is comedy 10 months ago

What have you done since coming into office. If there are any gains, credit it to Addision. Your impact will be seen from 9months to a yesr.

What have you done since coming into office. If there are any gains, credit it to Addision. Your impact will be seen from 9months to a yesr.
NPP squeezes their face like shit for any good news for Ghana 10 months ago

God loves Ghana. What can you do? Thief. We will not vote for Bawumia.. Away

God loves Ghana. What can you do? Thief. We will not vote for Bawumia.. Away
Togbe Kporwomordzikpo KpornugloAvunako 10 months ago

This is foolish talk from the governor. The cedi needs to come down further. Even if it'll be 1 cedi to 1 dollar

This is foolish talk from the governor. The cedi needs to come down further. Even if it'll be 1 cedi to 1 dollar
Pouv 10 months ago

You've said it all!

You've said it all!
ONLY NDC FOOLSOLDIERS WILL JUBILATE. 10 months ago

We can only see the stability of the cedi if it reflects on the market. The prices of goods and services remain the same high so what is this noise asiamah is making? Only ndc foolsoldiers will jubilate about this.

We can only see the stability of the cedi if it reflects on the market. The prices of goods and services remain the same high so what is this noise asiamah is making? Only ndc foolsoldiers will jubilate about this.
.mr amin 10 months ago

Dr I disagree, when the cedi is over appreciate the citizens inflation will come down our purchasing power will be good to create jobs, how many things do we even export? Remember it was 4ghc just send back to that figure, ov ...
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Dr I disagree, when the cedi is over appreciate the citizens inflation will come down our purchasing power will be good to create jobs, how many things do we even export? Remember it was 4ghc just send back to that figure, over 10 ghc the rate is high
Kwame 10 months ago

Stable Economy is a joy of every citizen irrespective of government in power . I pray for the continuity of progress of our country and our leaders. Go Ghana, Go Progress!

Stable Economy is a joy of every citizen irrespective of government in power . I pray for the continuity of progress of our country and our leaders. Go Ghana, Go Progress!
Osika 10 months ago

Cedi stabilization has nothing to do with bank of ghana effort.
It is the trad war ,that has caused the cedi depreciation against dollar.not ghana alone, every country is seen depreciation in their currency.

Cedi stabilization has nothing to do with bank of ghana effort.
It is the trad war ,that has caused the cedi depreciation against dollar.not ghana alone, every country is seen depreciation in their currency.
Ben 10 months ago

If it's the trade war, then all other currencies should also be appreciating against the dollar.

If it's the trade war, then all other currencies should also be appreciating against the dollar.
Farmers 10 months ago

It's primarily the significant world currencies plus those of major gold exporters as Trump's erratic policies are driving the gold price to levels never seen before.

It's primarily the significant world currencies plus those of major gold exporters as Trump's erratic policies are driving the gold price to levels never seen before.
NPP Fools 10 months ago

You are stupid. How do you convince yourself with this explanation? That the trade war between US and China is helping the Ghana cedi against all other currencies including CFA, euro, pound Canadian dollars etc...

You are stupid. How do you convince yourself with this explanation? That the trade war between US and China is helping the Ghana cedi against all other currencies including CFA, euro, pound Canadian dollars etc...
Kwadwo 10 months ago

You are the biggest fool. You lack a proper understanding of world economics

Tell me one policy in place by this stupid ndc government to stabilize the cedis?

You are the biggest fool. You lack a proper understanding of world economics

Tell me one policy in place by this stupid ndc government to stabilize the cedis?
Osika 10 months ago

Cedi stabilization has nothing to do with bank of ghana effort.
It is the trad war ,that has caused the cedi appreciation against dollar.not ghana alone, every country is seen appreciation in their currency.
So bank of gha ...
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Cedi stabilization has nothing to do with bank of ghana effort.
It is the trad war ,that has caused the cedi appreciation against dollar.not ghana alone, every country is seen appreciation in their currency.
So bank of ghana, minister of finance and government of ghana should put in more strength, work hard, put things in other so that after trad war there will be any depreciation
Trump Fcuked Up, Not BoG doing somethjng 10 months ago

People looking forward to gold investment and cedi like all thr currencies of the world doing better. We were very lucky like if the T-Bill rates are this low the dollar would have shot up had it not been a clown in charge of ...
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People looking forward to gold investment and cedi like all thr currencies of the world doing better. We were very lucky like if the T-Bill rates are this low the dollar would have shot up had it not been a clown in charge of America. We should quickly take advantage and correct the things that needs to. We should also keep in mind that when our currencies appreciate exports become expensive.
Yaw 10 months ago

I like the sound of that. I love the confidence . But please don’t let it be just talk. We are not here to play. Yoo

I like the sound of that. I love the confidence . But please don’t let it be just talk. We are not here to play. Yoo
kelewele 10 months ago

This man has no solution to the problem. We don't have the right systems in place to ensure stability of the Ghanaian Cedi so any measures that are put in place by these incompetent clowns will fail.

This man has no solution to the problem. We don't have the right systems in place to ensure stability of the Ghanaian Cedi so any measures that are put in place by these incompetent clowns will fail.
Truth 10 months ago

Good news but which reforms ?

Good news but which reforms ?
Cornelius 10 months ago

Good to know

Good to know
Jkmee 10 months ago

Reset is on

Reset is on
Tsotsoo 10 months ago

Whatever method is being applied we are excited. Governor of Bank of Ghana more greeze to your elbows, a feather in your cap. Thank you.

Whatever method is being applied we are excited. Governor of Bank of Ghana more greeze to your elbows, a feather in your cap. Thank you.
Nightingale the wild child 10 months ago

Download 'Session' and use the code to add me when you go to send new message.

Download 'Session' and use the code to add me when you go to send new message.
Nightingale 10 months ago

Okay

Okay
Nightingale 10 months ago

I can’t see the option for add. Should I share my code

I can’t see the option for add. Should I share my code
Nightingale 10 months ago

Done now

Done now
Qwerty 10 months ago

You know very well ots not your intervention that has caused the cedi to appreciate. When China and US finally settle we’ll see what the fundamentals are.
Have we increased our exports, increased our production, become mor ...
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You know very well ots not your intervention that has caused the cedi to appreciate. When China and US finally settle we’ll see what the fundamentals are.
Have we increased our exports, increased our production, become more efficient that has caused the cedi to appreciate?
Give it another month or 2 and we’d know our smoothness level.infact, if its really the case, why are proces of goods and services still high?
And how about lending rates? The appreciation must translate and correlate, no?
Sir John of Achimota Forest Forever 10 months ago

Glory be to God and to Ghana. Brains are now working. You idiots are free to close your anus tight for bad news. Shame on you all. We will not vote for Bawumia. He is just a mumu comedian. That liar and stupid bastard

Glory be to God and to Ghana. Brains are now working. You idiots are free to close your anus tight for bad news. Shame on you all. We will not vote for Bawumia. He is just a mumu comedian. That liar and stupid bastard
now 10 months ago

when china and Usa agree on a trade deal we will come here and read about what the Governor will say

when china and Usa agree on a trade deal we will come here and read about what the Governor will say
Kwaku 10 months ago

Cedi escaped from being put under lock and key. Go easy.

Cedi escaped from being put under lock and key. Go easy.
Hannan 10 months ago

;))))))) Single women are waiting for you on ~~ Fun4.top

;))))))) Single women are waiting for you on ~~ Fun4.top
English language 10 months ago

The cedis is strong due to strong inflows, reforms and increase reserves without mentioning any reforms and the state of the reserves.. NDC is good in what they do.. Talking talking

The cedis is strong due to strong inflows, reforms and increase reserves without mentioning any reforms and the state of the reserves.. NDC is good in what they do.. Talking talking
Jake 10 months ago

$1 to 1 cedi.

$1 to 1 cedi.
Alidu 10 months ago

The dollar is likely to appreciate from Monday

The dollar is likely to appreciate from Monday
Dunia 10 months ago

Why, did it travel over the weekend?

Why, did it travel over the weekend?
Pelicles. 10 months ago

After a year in office, Ghanaians will understand who and what NDC stands for. Right now, whatever is going on is the work of by Dr Addision and his team.

After a year in office, Ghanaians will understand who and what NDC stands for. Right now, whatever is going on is the work of by Dr Addision and his team.
Abusuapanin 10 months ago

Elections are over. Please stop the STUPID and SENSELESS PROPAGANDA. You and Mahama are the same. Sweet mouth. No ideas. It's only illiterate NDC ANIMALS will believe this TRASH.

Elections are over. Please stop the STUPID and SENSELESS PROPAGANDA. You and Mahama are the same. Sweet mouth. No ideas. It's only illiterate NDC ANIMALS will believe this TRASH.
Perfect Prefect 10 months ago

To what extent has Donald Trump's reckless global trade tariff war weakened the US dollar? And how long will it last?

To what extent has Donald Trump's reckless global trade tariff war weakened the US dollar? And how long will it last?
King 10 months ago

Price of goods and services are high and you are talking about cedi stabilization, if the make against reduce the price of goods and services

Price of goods and services are high and you are talking about cedi stabilization, if the make against reduce the price of goods and services
Farmers 10 months ago

Claiming that the BoG doesn't have a hand in the appreciation of the Cedi is untrue. BoG is the number one player in Ghana's forex transactions and therefore a key force in determining the exchange rate.

How can he say lat ...
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Claiming that the BoG doesn't have a hand in the appreciation of the Cedi is untrue. BoG is the number one player in Ghana's forex transactions and therefore a key force in determining the exchange rate.

How can he say later that BoG will monitor the rate an keep it within a healthy band if they wouldn't adhere to a primary task of every Central Bank in this world by managing the currency as much as possible?

The news is, that the current global gold price is bringing huge extra USD into the country, which started over a year ago. The result is a very unusual trade surplus for Ghana which increases BoG reserves and her ability to actually manage the currency effectively.

Like he is stating correctly, this is good for the economy and likely to last for the foreseeable future. But as soon as the price of gold will return to more moderate levels the party will be over. Now is the time for the government to use this exceptional break the global markets have granted the country for the lasting benefit of the nation. We will see how that works.
Kwadwo 10 months ago

The lies of the NDC continue unabated, the stability of the cedis is mainly due to the weakness of the dollar, partly to China and 10 other countries not accepting the dollar. And so the is a surplus of dollars on the world m ...
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The lies of the NDC continue unabated, the stability of the cedis is mainly due to the weakness of the dollar, partly to China and 10 other countries not accepting the dollar. And so the is a surplus of dollars on the world market. The Governor must tell the truth!!!
Daeyan 10 months ago

Governer, everyone who trades forex knows dollar is down. Stop the lies.

Governer, everyone who trades forex knows dollar is down. Stop the lies.
Os 10 months ago

Hahaha another bluff to expose our progress to the white enemies

Hahaha another bluff to expose our progress to the white enemies
Senyo Tsedze 10 months ago

Can someone stop this man. The drop in the dollar against the Ghana cedis is not because of Government of Ghana's effort in controlling volatility. It is simply USA's tarrifs levied on the world. As a result the world and for ...
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Can someone stop this man. The drop in the dollar against the Ghana cedis is not because of Government of Ghana's effort in controlling volatility. It is simply USA's tarrifs levied on the world. As a result the world and for that matter, China and Japan the largest holders of USA bond are selling their bonds and moving them away from their treasury. The world no longer have confidence in the USA hence, the decline in the dollar against all currencies of the world. Ask yourself, if it is the Ghana cedis performing against the dollar we should start seeing drops in goods and services and other major currencies as the pounds should be dropping as well. Stop throwing dust in people's eyes please. I sympathise with NDC but I will not take this lie
Nana K 10 months ago

It is a good move, but governor we don't expect you to tell as something different when important rises. For now, ongoing trade war has slow down imports so you can take all the credit.

It is a good move, but governor we don't expect you to tell as something different when important rises. For now, ongoing trade war has slow down imports so you can take all the credit.
Yaw 10 months ago

There is global drop in the dollar due to Trump's tariffs wars. Please do not deceive Ghanaians.

There is global drop in the dollar due to Trump's tariffs wars. Please do not deceive Ghanaians.
HOLY SMOKE 10 months ago

This Bank of Ghana Govenor is playing on the intelligence of Ghanaians. He knows very well that most currencies have appreciated temporarily against the dollar because of market uncertainity caused by TRUMP`S TARRIFS.
The Go ...
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This Bank of Ghana Govenor is playing on the intelligence of Ghanaians. He knows very well that most currencies have appreciated temporarily against the dollar because of market uncertainity caused by TRUMP`S TARRIFS.
The Govenor will soon eat his words and lose credibility.
Nana 10 months ago

Just wait till the dollar regains strength and gold price starts falling. Instead of allowing the cedi to float with the current drop in the dollar value, you rather sell gold that would have boosted our reserves in times of ...
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Just wait till the dollar regains strength and gold price starts falling. Instead of allowing the cedi to float with the current drop in the dollar value, you rather sell gold that would have boosted our reserves in times of difficulty for propaganda purposes.

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'The days of the cedi's excess volatility are coming to an end' - Governor Asiama

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (47)

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