Cedi Stability Fails to Ease Ghana's Cost of Living Crisis, Bawumia Admits
Vice President acknowledges that currency strength has not translated into relief for struggling businesses and consumers facing soaring prices.
Ghana's Interest Payments to Stabilise at 20% of Revenue as Debt Crisis Eases
S&P Global forecasts Ghana's interest payments will average 20% of government revenue over four years, marking a sharp recovery from the 2021 crisis peak of 48%.
Economic Think Tank Presses Finance Ministry and Bank of Ghana Over Depleted Foreign Reserves
IERPP demands transparency on how Ghana's foreign reserves were used during currency pressures and debt obligations.
Why Ghana is sticking with cotton notes instead of switching to plastic currency
Bank of Ghana explains tropical climate makes cotton banknotes more practical than polymer alternatives for the nation's currency.
Ghana's Foreign Exchange Buffer Erodes to Dangerous Levels as Reserve Crisis Deepens
Ghana's international reserves plummet to US$11.1 billion in August, shrinking the country's import cover to just 4.2 months amid gold export concerns.
Global dollar strength, oil price surge heap pressure on Ghana's cedi – BoG warns
Bank of Ghana cites Middle East conflict, tighter global conditions as cedi faces mounting external headwinds.
Cedi tumbles to 11.95 per dollar as import demand drains forex reserves
Ghana's cedi depreciates to 11.95 per dollar as import demand outpaces interbank forex supply; stabilisation measures expected ahead.
Cedi slides again as Christmas imports trigger fresh dollar demand spike
The Ghanaian cedi has depreciated 1.86% in July and faces continued pressure into August as businesses stockpile imports ahead of the festive season.
Can Ghana's Gold Reserves Break the IMF Bailout Cycle? Examining the Bawumia Doctrine
A new economic framework proposes using Ghana's substantial gold reserves as collateral to stabilise the cedi and reduce dependence on IMF programmes.
Ghanaian Cedi Weakens to 11.24 Against US Dollar as BoG Posts Latest Rates
The Bank of Ghana's official exchange rate shows the cedi trading at 11.24 per dollar on Tuesday, reflecting ongoing currency pressure.
Fuel Price Volatility, Not Just Hikes, Poses Real Risk to Ghana's Economy – COMAC
Business leaders warn that unpredictable fuel price swings threaten Ghana's economy more than price increases alone.
How Ghana's Gold Reserves Programme Built $5 Billion Buffer and Steadied the Cedi
Dr Bawumia credits gold-for-oil and reserves schemes with strengthening foreign exchange and currency stability.