BUSINESS NEWS
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BoG meeting with banks, forex bureaux over cedi fall takes off
The Bank of Ghana (BoG) meeting with Managing Directors of Banks and some forex bureaux as part of moves to…
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We’ll stabilise foreign exchange market – Oppong Nkrumah
In an effort to halt speculation and stabilise the foreign exchange market, the Bank of Ghana will hold a series…
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Cedi loses 37.5% in third quarter – Stock market returns negative
The cedi suffered a steep decline in value against the world major currencies in the third quarter of the year.…
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Govt to seal IMF deal before 2023
The Ministry of Finance has assured that the government will continue to work with a fierce sense of urgency to…
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Gov’t must begin pegging of port exchange rate right away- GUTA
The Ghana Union of Traders Associations (GUTA) has indicated that it expects the government to, as soon as possible, begin…
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“Don’t panic” – Ken Ofori-Atta reacts to cedi depreciation
The Minister of Finance, Ken Ofori-Atta has urged Ghanaians not to panic or put further pressure on the cedi, as…
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GRA to suspend invigilation of businesses to appease GUTA – Trade Ministry
A Deputy Trade and Industry Minister, Michael Okyere Baafi, has said the government will suspend the ongoing invigilation by the…
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Gov’t to maintain forex rate at ports to aid traders – Deputy Trade Minister
The government will maintain a fixed exchange rate at the ports for the next three months to cushion traders who…
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Ghana should have signed up for Debt Service Suspension Initiative – World Bank President
The World Bank Group President, David Malpass, has expressed disappointment over Ghana and Nigeria’s decision not to sign up for…
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Producer price inflation hits 45.5%
Producer Price Inflation, the average price of goods and services received by domestic producers for their production activities, for the…
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