Audio By Carbonatix
The Ghana cedi has being recording some marginal gains against the dollar on the interbank market in the past few days.
This is the first time the local currency has recorded some gain against the dollar in a while, after stabilizing for about two months.
You would 1 cedi, 95 pesewas to buy the dollar today from a bank. Currency Analyst, Kofi Ampah told JOYBUSINESS the appreciation could be due to the decline in demand for the currency by corporate entities.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Ghana’s prisons: A national issue we can’t ignore
19 seconds -
Flight recorders recovered from ‘devastating’ Amazon cargo plane crash
2 hours -
AI cancer cures slowed by chip shortage, says UK’s biggest tech boss
2 hours -
Grindr to pay ÂŁ26m to settle claims it allegedly shared users’ HIV status
3 hours -
China to pump $54bn into state banks and insurers to boost economy
3 hours -
Legal Green Association to hold maiden law students’ conference
3 hours -
Dolly Parton’s sister pleads for end to ‘AI garbage’ posts after singer’s death
3 hours -
Minority calls for itemised bill on GH¢49.7 million South Africa evacuation expenditure
3 hours -
Australians will be able to switch off social media algorithms under planned legislation
3 hours -
WAEC admits more study needed into fluctuating core subject performance
3 hours -
Jordan Ayew close to EFL Championship move as Sheffield Utd talks intensify
3 hours -
WAEC questions why core-subject failure keeps shifting from one subject to another
3 hours -
Herbert Mensah joins African Collaborations Group advisory board
3 hours -
WAEC demands further study into persistent English Language failures
4 hours -
Rybakina sweeps past Osaka to close in on number one ranking
4 hours