Tag: exchange rate
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Cedi now world best performing currency – Bloomberg
Last week, the Ghanaian Cedi was recorded as the best performing currency in the world. This short burst of positive momentum is as a result of Ghana’s plan to reorganize its local debts. Read the story here. This report is courtesy of Bloomberg which revealed that the rise in currency value is coming alongside optimism of realizing the…
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Government must begin pegging of port exchange rate right away- GUTA
The Ghana Union of Traders Associations (GUTA) has indicated that it expects the government to, as soon as possible, begin the implementation of its proposed measures to check the constant hike in port duties in the country. GUTA President Dr. Joseph Obeng stated that it was ‘very welcoming … for which we are very grateful.’…