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
-
Ukrainian drones target St Petersburg in attack Russia calls ‘unprecedented’
57 minutes -
Hegseth attacks Europe over ‘invasion’ of migrants on its beaches in D-Day speech
2 hours -
NSMQ participant and Presec-Legon alumnus Prince Debrah graduates from MIT
2 hours -
Commuters endure nightmare night at Circle after torrential Friday downpour
3 hours -
Funeral held for baby shot dead by Israeli troops in occupied West Bank
3 hours -
KATH nurses set to join doctors’ strike over suspension directive
3 hours -
Mahama explores Belarus agro-industrial hub, seeks partnerships to boost Ghana’s food security
3 hours -
Gov’t activates flood response measures, cites human activities as major cause
3 hours -
Recurring June floods show institutional failure and lack of accountability – Victoria Bright
5 hours -
Dr. Bawumia congratulates new Christian Council leadership; pledges continued cooperation
5 hours -
Changes to anti-LGBTQ+ bill could undermine enforcement – Ntim Fordjour
5 hours -
Accra Floods: GNFS rescues 21 residents in Doblo Gonno
6 hours -
Davida Roofing Systems CEO named among 100 Legendary African Dignitaries for 2026
6 hours -
Speaker Bagbin breaks ground on Wa Palace project, tells “detractors” Wa won’t be zongo
6 hours -
On Ghana’s Oti River, a weather forecast can mean survival
6 hours