Cedi's gains are real, not an illusion – BoG Governor warns dollar hoarders

Read Article

Comments (28)

This article is closed for comments.

Read Comments Comments (28)

Your era 6 months ago

Time will expose you

Time will expose you
What is your concern? Are the dollars yours? 6 months ago

Go and arrest Cecilia Dapaah And Sammy Gyamfi. Aka sammydollar. Let the dollar drop ton1 cedi and let them lose money. It is not your business. This fake thing you are doing is not sustainable.

Go and arrest Cecilia Dapaah And Sammy Gyamfi. Aka sammydollar. Let the dollar drop ton1 cedi and let them lose money. It is not your business. This fake thing you are doing is not sustainable.
AGBESI KWASI 6 months ago

The cedi will soon break the eight. Just wait and see. The measures this NDC government is putting in are robust and will stand the test of time.

The cedi will soon break the eight. Just wait and see. The measures this NDC government is putting in are robust and will stand the test of time.
Bash 6 months ago

So you're wishing for the worst for your country. What will you gain in that?

So you're wishing for the worst for your country. What will you gain in that?
C.q 6 months ago

He will soon learn it once the fundamentals speak out again.

He will soon learn it once the fundamentals speak out again.
Charles Bruce 6 months ago

The fundamentals are in the experience of Bostwana which took control of their Diamonds in 2013 and now in 2025 have localised the polishing and sale of their Diamonds making them earn Billions of dollars. Read about the Econ ...
read full comment

The fundamentals are in the experience of Bostwana which took control of their Diamonds in 2013 and now in 2025 have localised the polishing and sale of their Diamonds making them earn Billions of dollars. Read about the Economic benefits to that country.
.mr amin 6 months ago

Best governor more vim, I also disagree with the president when he said those having dollars should not panic why is he encouraging the keeping of foreign currencies, if the dollar goes to 1cedi we like it, if our purchasing ...
read full comment

Best governor more vim, I also disagree with the president when he said those having dollars should not panic why is he encouraging the keeping of foreign currencies, if the dollar goes to 1cedi we like it, if our purchasing power is good and we can buy goods and services companies that will come and establish here
Charles Bruce 6 months ago

Your Era, time will expose nothing! So you want Ghanaians to continue to suffer high prices. Eeiii adɛn, ma danfo?

Your Era, time will expose nothing! So you want Ghanaians to continue to suffer high prices. Eeiii adɛn, ma danfo?
Tamale North Boy 6 months ago

Kwabena Duffour said same in 2010

Kwabena Duffour said same in 2010
Kofi 6 months ago

They don't have any policies which is appreciating the cedi, instead it's Trumps trade war which is appreciating the cedi.
Quote
Trump's chaotic trade policy and concerns about the worsening US deficit have dampened sentime ...
read full comment

They don't have any policies which is appreciating the cedi, instead it's Trumps trade war which is appreciating the cedi.
Quote
Trump's chaotic trade policy and concerns about the worsening US deficit have dampened sentiment toward US assets, thus weighing on the dollar. "In the long term, a regime change for the US dollar could be imminent after the recent peak," said David Meier, economist at Julius Baer. "The unpredictable US policy, the strained fiscal situation, and the high foreign debt, combined with the two deficits, suggest that a weaker US dollar is the path of least resistance." Unquote
Northern Boy 6 months ago

And Ghana cedi turns out to be the best performing currency because of Trump's trade policies? Wooow! Ghana doing better than japan uk the european union russia china etc and you call this merely a gift from Trumps trade poli ...
read full comment

And Ghana cedi turns out to be the best performing currency because of Trump's trade policies? Wooow! Ghana doing better than japan uk the european union russia china etc and you call this merely a gift from Trumps trade policies? Please get some education
OBSERVERS WITHOUT BOADERS 6 months ago

VERY WELL SAID Kofi

VERY WELL SAID Kofi
.mr amin 6 months ago

Kwabina duffour was not having the Gold but aseima now has the Goldbod it's the game changer, why is some Ghanaians not happy when the cedi appreciate, the cedi is our lives, strong currency strong people, weak currency wea ...
read full comment

Kwabina duffour was not having the Gold but aseima now has the Goldbod it's the game changer, why is some Ghanaians not happy when the cedi appreciate, the cedi is our lives, strong currency strong people, weak currency weak people
Pouv: Credit for other people's work 6 months ago

Took much talk. Just walked through the door a few days ago. A beneficiary of others work and external circumstances. If this relative appreciating cedi is down to you, why can't you name the policies and measures you put in ...
read full comment

Took much talk. Just walked through the door a few days ago. A beneficiary of others work and external circumstances. If this relative appreciating cedi is down to you, why can't you name the policies and measures you put in place to achieve this success? Waffler
Not sustainable 6 months ago

Agreed! This is based on the 50 heavy and automated industries, the fully mechanised farming sector, the fully connected banking sector, the new found 13 million barrels a day oil fields, the fully tared A and B roads...... ...
read full comment

Agreed! This is based on the 50 heavy and automated industries, the fully mechanised farming sector, the fully connected banking sector, the new found 13 million barrels a day oil fields, the fully tared A and B roads...... that has sprung up in the last four months. Just answer one question. Are you still supplementing the national budget FOREIGN DONATIONS?
Kwame 6 months ago

I like your bold statements, this is how good leaders should talk. I know I lost a lot but it’s for the good for the country and humanity. We need to produce more food to sustain the gains made by the Cedis.

I like your bold statements, this is how good leaders should talk. I know I lost a lot but it’s for the good for the country and humanity. We need to produce more food to sustain the gains made by the Cedis.
.mr amin 6 months ago

We can produce more food when the cedi has good purchasing power so that farmers can afford to buy machinery and farm inputs so the cedi value is key to our development and job creation

We can produce more food when the cedi has good purchasing power so that farmers can afford to buy machinery and farm inputs so the cedi value is key to our development and job creation
dodi 6 months ago

Citizen

Citizen
What's Ur concern 6 months ago

We know what U r doing Sir. U want people to make it easier for U by selling/exchanging their dollars for the cedis which we know most of the dollars will end up at the BoG. Which will intend help this aggressive cause. Allow ...
read full comment

We know what U r doing Sir. U want people to make it easier for U by selling/exchanging their dollars for the cedis which we know most of the dollars will end up at the BoG. Which will intend help this aggressive cause. Allow them to keep it n work on sustainability.
What's Ur concern 6 months ago

We know what U r doing Sir. U want people to make it easier for U by selling/exchanging their dollars for the cedis which we know most of the dollars will end up at the BoG. Which will intend help this aggressive fight agains ...
read full comment

We know what U r doing Sir. U want people to make it easier for U by selling/exchanging their dollars for the cedis which we know most of the dollars will end up at the BoG. Which will intend help this aggressive fight against the dollar. Allow them to keep it n work on sustainability.
Northern Boy 6 months ago

They think it's a joke. They'll receive the shock of their lives

They think it's a joke. They'll receive the shock of their lives
Jon J 6 months ago

Governor leave em, e be em go lose. Its gr8 to see da ¢ square up wit da $ € £....

Governor leave em, e be em go lose. Its gr8 to see da ¢ square up wit da $ € £....
Charles Bruce 6 months ago

Eeeiii, my NPP people, so when Pres. Akuffo Addo said he was bringing Dr Bawumia to make the Cedi "strong" what was he talking about? Why, you don't want a Strong Cedi again? You want a "hatahata" Cedi? Ɛyɛ asem oo! Is it a ...
read full comment

Eeeiii, my NPP people, so when Pres. Akuffo Addo said he was bringing Dr Bawumia to make the Cedi "strong" what was he talking about? Why, you don't want a Strong Cedi again? You want a "hatahata" Cedi? Ɛyɛ asem oo! Is it a case of sour mangoes?
Mccarthy.UK 6 months ago

BOG GOVERNOR and ATO FORSON are the MEN. Thanks for the ADVICE and the TRANSPARENCY

BOG GOVERNOR and ATO FORSON are the MEN. Thanks for the ADVICE and the TRANSPARENCY
Sansan 6 months ago

Add Terkper, the presidential advisor.

Add Terkper, the presidential advisor.
Kwame 6 months ago

What is your concern?

What is your concern?
Jon 6 months ago

It is not real, there's no credible economist in Ghana so you think it is real, mahama himself admitted that it is not real, BOG will stabilise it at the appropriate time.

It is not real, there's no credible economist in Ghana so you think it is real, mahama himself admitted that it is not real, BOG will stabilise it at the appropriate time.
Kwadwo 6 months ago

Mr Asiama thank you for your advice.
This NDC government has no intention of investing in infrastructure and so he is bold enough to tell us what he is telling us. Four years will soon come and we will take your manifesto an ...
read full comment

Mr Asiama thank you for your advice.
This NDC government has no intention of investing in infrastructure and so he is bold enough to tell us what he is telling us. Four years will soon come and we will take your manifesto and read it back to you… we waiting for 24-hour economy in the real sector, not the Micky mouse ones you have started with the passport office.

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

Business

Cedi's gains are real, not an illusion – BoG Governor warns dollar hoarders

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 (28)

Read Comments Comments (28)