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Cedi stability eases pricing pressure – Importers and Exporters Association

The recent stability of the Ghanaian cedi has been praised by Samson Asaki Awingobit, executive secretary of the Importers and Exporters Association of Ghana, who claims that it is reducing pricing uncertainty and lowering the cost of commodities in local marketplaces. Awingobit clarified on...

Cedi stability eases pricing pressure – Importers and Exporters Association

The recent stability of the Ghanaian cedi has been praised by Samson Asaki Awingobit, executive secretary of the Importers and Exporters Association of Ghana, who claims that it is reducing pricing uncertainty and lowering the cost of commodities in local marketplaces. Awingobit clarified on...

Cedi records gains against dollar, others last week; one dollar going for GH¢16.41

Following weeks of persistent devaluation, the Ghana cedi saw some gains last week against the US dollar and other major foreign currencies. An improvement in market liquidity helped this. Due in large part to seasonal demand prior to the weekends, corporate demand pressure was beginning to...

Business: Cedi now selling at GH¢15.64 to $1 at major forex bureaus.

The value of the Ghana Cedi is still declining in relation to other major trading currencies, especially the US dollar. Checks conducted by Ekuzoa News Business as of Sunday, July 7, 2024, at 9:00 AM revealed that several forex bureaus are selling local currency at...