Audio By Carbonatix
The Ghana cedi strengthened for the second day running to ¢14.00 to one US dollar in the retail or forex market as it continued its recent gain against the American ‘greenback’.
This is against ¢14.50 it sold to a dollar on October 25, 2022.
A few days ago, the Cedi rate to the dollar was rapidly rising, causing worry to many Ghanaians as the ripple effect was becoming dire.
Although it is at a much-appreciated rate currently, it is somehow not at the best rate Ghanaians wish for.
Tonight, the business edition of PM Express will discuss how the cedi can be stabilised and what alternatives there are.
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.
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
-
Analysis: After allocating over ₵1bn, parliament now turns on the OSP
32 minutes -
OSP’s failure to stop Ofori-Atta is an irrecoverable mistake – Kpebu
51 minutes -
UPSA confers posthumous honorary doctorate on former first lady Nana Konadu Agyeman-Rawlings
53 minutes -
Martin Kpebu says he has not been formally charged by OSP
59 minutes -
Why not clean energy: Cost or access?
1 hour -
Minority sounds alarm over fuel shortages crippling Ghana’s fishing communities
1 hour -
Minority calls for urgent action to shield farmers from rising production challenges
1 hour -
AGRA Ghana salutes Farmers as nation marks Farmers’ Day
1 hour -
Bawumia’s favourability rises, widens lead in new Global Info analytics survey
1 hour -
Minority accuses gov’t of neglect after GH¢5bn rice left to waste
1 hour -
Why Tsatsu Tsikata’s legacy is Ghana’s future
2 hours -
Farmers need support all year, not just awards’ — Prof. Boadi
2 hours -
Spotify ranks ‘Konnected Minds’ Ghana’s No. 1 Podcast for 2025
2 hours -
Minority caucus push for modern AI-driven agricultural and fisheries revolution
2 hours -
Mahama reaffirms Ghana’s commitment to ending HIV/AIDS by 2030
2 hours