Cedi Gains With Debt Restructuring Offer
THE CEDI appreciated against the dollar, trading at 12.05 from 12.25 at last week’s close as foreign exchange demand eased. The Bank of Ghana sold only US$9.2 million in the spot market last week, compared
THE CEDI appreciated against the dollar, trading at 12.05 from 12.25 at last week’s close as foreign exchange demand eased. The Bank of Ghana sold only US$9.2 million in the spot market last week, compared
Parliament on Wednesday approved the amended electronic transaction levy bill, paving way for the rollout of the policy. The bill will reduce the rate for the levy from 1.5 to 1 percent. This follows a
President Nana Addo Dankwa Akufo-Addo on Sunday cautioned against the talking down of the Ghanaian currency -- Cedi. According to him, people disparaging the Cedi is affecting its performance against major trading currencies. In a
The Bank of Ghana has partnered with Giesecke+Devrient (G+D) to pilot a general-purpose Central Bank Digital Currency (retail CBDC) in Ghana. G+D is providing the technology and developing the solution adapted to Ghana’s requirements, which
