Browsing: Cedi Appreciation

By Adnan Adams Mohammed The Bank of Ghana (BoG) has released its 2025 annual financial statements, detailing a net loss…

By Adnan Adams Mohammed The Ghana Cedi has recorded its strongest first-quarter performance in half a decade, signaling a significant…

The Ghanaian local currency (cedi) has ended the 2025 fiscal year on its strongest footing in a decade, defying an…

Ghana’s local currency (Cedi) has begun bowing to market pressure as demand for international trading currencies soars to cover the…

Ghana’s local currency, the cedi, is poised to make history as it records its first-ever annual appreciation against the US…

“We have reduced our total debt over the last five months by almost GHc150-billion, which is very significant” President John Dramani Mahama revealed at a session during the African Development Bank annual meeting in Abidjan last week, citing the cedi strength.

“Short-term gains should not lull policymakers into inaction,” the group cautioned. “Sustainable growth depends on deep, structural reforms.”

By Adnan Adams Mohammed  The current strengthening of Ghana’s economy evident by significant improvements in its key economic…

market analysts want both monetary and fiscal authorities to consolidate the recent gains of the Ghana cedi and guard against a potential reversal.

A Managing Partner of Konfidants (an advisory firm), Michael Kottoh, noted a steady recovery in business confidence following a prolonged period of economic turbulence. He pointed out that past economic challenges such as; inflation, the domestic debt exchange programme, currency instability, and turmoil in the banking sector, had severely weakened investor sentiment beginning in 2022.