BUSINESS NEWS
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Sika mpɛ dede – President Akufo-Addo on what caused the cedi depreciation
President Nana Addo Dankwa Akufo-Addo has stated that the recent depreciation of the Ghana cedi was caused by low inflows…
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Cedi appreciating against the Dollar – Forex bureau association
The President of the Forex Bureau Association of Ghana, K. T. Dadzie, has disclosed that the exchange rates have reacted…
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Bawumia proposes solutions to Ghana’s economic crisis
Vice President Dr. Mahamudu Bawumia says for Ghana to address its current economic crisis, it is imperative to restore fiscal…
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Ghana’s talks with IMF for economic recovery nearing completion – Nana Addo
President Nana Addo Dankwa Akufo-Addo has said Ghana’s negotiation with the International Monetary Fund (IMF) is nearing completion. The President…
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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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