Tag: dollar supply
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Pumping dollar into Ghana’s economy won’t solve cedi depreciation challenge – Joe Jackson
The Director of Strategy and Business Operations at Dalex Finance, Joe Jackson, has charged government to critically analyse factors that have led to the continuous depreciation of the cedi, and propose the appropriate solution to the causes. According to experts, the cedi is now one of the worst-performing currencies in Africa. According to the Bank…
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No dollar shortage due to attacks – Forex Bureaus
The Ghana Association of Forex Bureaus has allayed fears of an imminent shortage of dollars following increased robbery attacks on its members. Though the association admits to the impact on some of its members, it believes the issue should be addressed soon to prevent loss of cash to the attackers. For the first two months…