The Cedi this week fell across the board against its three major trading partner currencies resuming its freefall after brief stability against the three. Renewed pressures on the local unit,
Treasury Rates [November 14, 2022]
Security Interest Rates 91 – Day Bill 34.3945% 182 – Day Bill 35.4992% 364 – Day Bill 35.0768% Treasury yields this week went further up from previous week’s levels in
Inflationary Outlook Continues to Worsen
Ghana’s inflation outlook worsened further with no end in sight after the inflation rate began the last quarter of the year climbing to its highest since March 2001. The annual
Currency News [October 24, 2022]
The Cedi submerged to fresh record lows against its three major trading partner currencies at the week’s open after sustaining huge losses last week on both the Bank of Ghana
Currency News [October 17, 2022]
Cedi weakness worsened further at the week’s open as the local economy continued to grapple with hyperinflation, revenue underperformance, and offshore disinvestment of domestic assets among others. The Cedi opened
Currency News [October 3, 2022]
The Ghana Cedi fell flat across the board against its three major trading partner currencies at the week’s open after briefly paring some of its losses against the Pound and
Currency News [September 12, 2022]
The Ghana Cedi opened weaker at the week’s open against its three major trading partner currencies after hosting a brief rally against the Dollar, the Pound, and the Euro on
Currency News [August 22, 2022]
Following an emergency Monetary Policy Committee meeting last week that saw the central bank take a hard stance against a stubbornly high inflationary trend, the local currency pared some of
Currency News [August 15, 2022]
The Ghana Cedi slid to fresh lows against its three major trading partner currencies at the start of the week as the Cedi’s woes continue to intensify on both the
No End in Sight as Inflation Rate Climbs Again
The rate of inflation climbed up once more in July for the fourteenth consecutive time worsening the purchasing power of consumers at a time when the local economy continues to
Currency News [August 8, 2022]
As global recession concerns amidst geopolitical tensions, rising interest rates in the advanced economies, and the rush for safe-haven assets continue to pose major challenges to developing economies, the Cedi
Currency News [August 1, 2022]
The Cedi’s vulnerabilities as the Ghanaian economy continue to grapple with revenue underperformance, slowing growth, and soaring inflation among others sent the local currency to hit fresh lows against some