Browsing: Ghana cedi

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

In a public notice issued on May 13, 2025, and signed by the Secretary of the Bank, Sandra Thompson, the central bank highlighted the significance of the Cedi as a symbol of Ghana’s economic sovereignty, resilience, and development.

Dr Richmond Atuahene indicated that the Cedi’s performance should be seen as the outcome of a balanced blend of prudent policies and economic activity trends

The cedi’s rebound has injected optimism into Ghana’s economy, easing inflation to 21.2% in April and revitalizing business confidence.

Ghana would have access to about $360 million in terms of disbursement”, the Director of Communications at the IMF Julie Kozack disclosed at news conference in Washington DC USA.

Adnan Adams Mohammed After losing approximately 24 percent of its value against the US dollar, the Ghana…

Beginning of January to April, as at last week, the cedi has experienced a continuous blip depreciation, resulting in a year-to-date depreciation of approximately 9.37%.

According to the Bank of Ghana, the favourable external developments and tighter monetary policy stance have resulted in a relatively stable of the Ghana cedi in the year so far.