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Ghanaian Cedi News is an EIN News Service for banking industry professionals. Constantly updated news and information about banking.
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Latest Ghanaian Cedi News

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  • Editorial (Mills of a better Ghana must grind faster) 24 Nov 2009 05:10 GMT
    ... General News of Monday, 23 November 2009 Editorial (Mills of a better Ghana must grind faster) It is revealing to ... for importers to ship goods in. The cedi is relatively stable because importers are not ...

  • 2010 Budget Statement: Some Thoughts 23 Nov 2009 05:50 GMT
    ... Last Wednesday, 18-Nov-2009, the Minister of Finance and Economic ... and inflation. For instance, the Bank of Ghana could have increased the reserve requirements of ... we have no control over these prices. *Cedi Appreciation/Depreciation* According to the statement, the Cedi ...

  • Opinion: 2010 Budget Statement: Some Thoughts 23 Nov 2009 06:34 GMT
    ... Last Wednesday, 18-Nov-2009, the Minister of Finance and Economic ... and inflation. For instance, the Bank of Ghana could have increased the reserve requirements of ... these prices. According to the statement, the Cedi has been appreciating against the US Dollar ...

  • The Better Ghana Agenda: 'So Far, So Better' 18 Nov 2009 05:30 GMT
    ... Feature Article of Wednesday, 18 November 2009 The Better Ghana Agenda: “So Far, So Better” The purported ... expenditure was the rapid depreciation of the Cedi against the currencies of our major trading ...

  • Ghana targets growth at 5.9 percent 18 Nov 2009 18:57 GMT
    ... continues work on reducing fiscal deficit in 2010 Ghana's fiscal deficit will narrow to 4.5 percent ... to a slump in the currency. The cedi weakened 49 percent against the dollar in ...

  • FACTBOX-Ghana sets sights on growth, oil 20 Nov 2009 16:55 GMT
    ... ACCRA, Nov 20 (Reuters) - Ghana cut its interest rate for the first ... special drawing rights in July * The cedi currency has stabilised after sharp drops against ...

  • UPDATE 1-Ghana cuts prime rate by 50 bp to 18 pct 20 Nov 2009 12:34 GMT
    ... ACCRA, Nov 20 (Reuters) - The Bank of Ghana cut its prime interest rate by 50 ... in inflation and the strength of the cedi currency. Some analysts had expected a deeper ...

  • Ghana cuts prime rate to 18 per cent 21 Nov 2009 11:19 GMT
    ... Bank loans - Ghana's Central Bank on Friday cut the prime ... in prices and strong performance of the cedi (local currency) ag a inst major trading ...

  • Bank prime rate is reduced - full text of MPC meeting 20 Nov 2009 18:54 GMT
    ... Bank prime rate is reduced - full text of MPC ... [4]Latest surveys conducted by the Bank of Ghana in October 2009 have confirmed earlier indications ... the nominal bilateral exchange rates of the cedi against the three core currencies the ...

  • UPDATE 2-Ghana's first rate cut in near 3-yrs targets growth 20 Nov 2009 14:37 GMT
    ... By Kwasi Kpodo ACCRA, Nov 20 (Reuters) - The Bank of Ghana cut its prime interest rate for the ... weak economic recovery, the stability of the cedi currency and success in reining in inflation ...

  • THE BETTER GHANA AGENDA: SO FAR, SO BETTER 16 Nov 2009 14:51 GMT
    ... offers an unforgettable holiday and business experience in Accra. Feature ... necessarily represent or reflect the views of Modernghana.com." The purported good macro-economic performance of the ... expenditure was the rapid depreciation of the Cedi against the currencies of our major trading ...

  • Feature: Oil Must Benefit Ordinary Ghanaians 17 Nov 2009 09:54 GMT
    ... Ghana's discovery of major oilfields is set to ... starts flowing must be to keep the Cedi value low. Very low domestic interest rates, ...


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