$1 to GH¢1 will crash Ghana's export sector - President Mahama

This article is closed for comments.

Read Comments Comments (22)

  • Kojois 6 months ago

    You are a lair. Those debt is not going to pay in cedis.

  • Simeon London 6 months ago

    HenDeeCee fuo ne propaganda eeeeeei!!!

    What's happening to the cedi is artificial we all know it. Your government hasn't done anything to the economy to make the cedi change. Your budget is barely two months old. So pleas ...
    read full comment

  • DEAD GOAT MAHALIAR IS BACK 6 months ago

    You see how clueless the president is. It won’t crash any export sector.It would rather enhance our trade especially exports.

  • Kofi 6 months ago

    Do you understand economics ? If you money appreciates too much, exports will go down. Foreign buyers of Ghanas good will go to other markets.

  • Okubi 6 months ago

    No Sir,

    Wrong!!!!!. it will reduce your debt and interest on any debt and you can use those interest payment you would have made to energize local manufacturing. AKA one district one factory.

  • Kofi 6 months ago

    You are just writing for writing sake. If foreign buyers can’t afford your stuff because the currency has gone up too fast they will go and buy elsewhere.

  • Kofi 6 months ago

    When this fake appreciation ends and the real rate rears it head, it will get real ugly.

  • Tom 6 months ago

    What is he saying?. He means $1 to 1cedis isn't good?

  • John 6 months ago

    It is above you.

  • Knowledge 6 months ago

    Did he really say this or he has been misconstrued? Every president will appreciate his country’s strong currency.

  • TT man 6 months ago

    Politics aside. A local currency gaining strength makes the exported products of that country expensive for the citizens of the importing country. One reason why the Chinese keep devaluing their currency to make their export ...
    read full comment

  • Kofi 6 months ago

    Exactly. A currency which rapidly appreciates like how we are seeing can lead to many negative things such as hurting exports which you mentioned, reducing remittances from the Ghanaian diaspora which many Ghanaians depend on ...
    read full comment

  • Hannan 6 months ago

    ;)) Single women are waiting for you on >> Hot4.eu

  • Yeokwesi 6 months ago

    Mr President, i beg to disagree that if 1 cedi becomes 1 dollar our export sector shall collapse. 1. I dont think so. Let ys be proud of ourselves and mother Ghana and see the doing of Almighty God.
    2. If BoG is doing the ri ...
    read full comment

  • Kofi 6 months ago

    Dude this is too complex for you. Just leave it at that.

  • Murphy 6 months ago

    Fantastic job

  • Yaw Boakye 6 months ago

    President Mahama, you do all!

  • Efo Kofi 6 months ago

    Kwasiaa talk is very cheap can you nonsense one to one kwasiasem

  • Nii Akwei 6 months ago

    Makola market women will tell you their side of the equation.

  • Busiah 6 months ago

    Why are you afraid of crash of export. You and Ato can fix it so stop talking.....

  • JACK 6 months ago

    Trump’s tariffs interest is challenged and beaten in the first round in US court. Americans are happy. Automatically it would go up to the Supreme Court. The whole world is waiting and watching with interest The strength of ...
    read full comment

  • Bonsu 6 months ago

    You haven't done anything to warrant credit for the cedi depreciation against the dollar. Don't take any credit for what you haven't done. The dollars is roaming about as a results of the heavy weight economies made of BRICS ...
    read full comment