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.
Latest Stories
-
Togbe Afede XIV calls for drastic restructuring of Bank of Ghana
2 hours -
Eric Johnson
2 hours -
Djokovic struck by water bottle at Italian Open
2 hours -
777 call in finance experts as Everton uncertainty grows
2 hours -
Casemiro left out of Brazil squad for Copa America
2 hours -
Chelsea sacking would not be a problem – Pochettino
2 hours -
Man Utd owners have ‘common sense’ – Ten Hag
2 hours -
Nduom hints at #BringBackGNBank nationwide campaign
6 hours -
GWCL staff locked up, assaulted for disconnecting defaulter
7 hours -
Akufo-Addo, Asantehene commission Prempeh I International Airport, Kumasi
7 hours -
We are confident about board meeting in June on Ghana’s second review – IMF
7 hours -
Eugene Osei Tutu: Who can lay claim to Kumasi International Airport- Mahama or Akufo-Addo?
7 hours -
Mbappe confirms he will leave Paris St-Germain
7 hours -
CAA Region II Athletics Championships will be properly organised – Dr Baah-Nuakoh
8 hours -
Over 185 state bungalows for public servants near completion in Ashanti Region
8 hours