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
-
Seven teachers arrested over BECE infractions
10 minutes -
World Bank launches strategy to transform West, Central Africa’s health systems
12 minutes -
Gold trading losses must be minimised – Joe Jackson
15 minutes -
Police investigate alleged murder of couple at Saki
19 minutes -
Voluntary HIV testing urged in Kadjebi
23 minutes -
Two cocoa PCs arrested for allegedly short-changing farmers
27 minutes -
Killing in Nkwanta South sparks fresh alarm as Oti Minister vows crackdown
28 minutes -
Bagbin honoured with Chieftaincy title at Kalibi Festival, pledges Shea-led development for Sankana
31 minutes -
Veep Opoku-Agyemang extends best wishes to BECE candidates
35 minutes -
GNAT advocates increased funding for basic education
38 minutes -
Ghana shifts from stabilisation to job creation, growth reset – Mahama
42 minutes -
South African law firms fight equality rules as some black lawyers allege discrimination
1 hour -
US calls Taiwan ‘trusted and capable partner’, praises its ties with Eswatini
1 hour -
Oil eases on signs US is loosening Iranian closure of Strait of Hormuz
1 hour -
Zambia says US health deal must be uncoupled from minerals access
2 hours