Cedi loses grounds against three major trading currencies
The Ghana cedi lost grounds against the three major trading currencies on the international currency market.
Source: graphic.com.gh
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Ghana: Press focuses on slash in benchmark rate, others
Ghana-Press-Review June 01, 2021 to 10:43 105 APA – Accra (Ghana) The report that the Bank of Ghana has slashed its benchmark rate, the policy rate by 100 basis points, signalling a return to monetary easing after a year of tightening and the assurance by the European Union not to place a ban on the purchase of cocoa from Ghana because of child labour claims are some of the leading stories in the Ghanaian press on Tuesday. The Graphic reports that the Bank of Ghana (BoG) has slashed its bench...
Source: apanews.net
IGS FSL Investment Update WE 11-12-20
IGS FSL Investment Update WE 11-12-20 15th Dec 2020 | Source: igsghana.com Weekly Highlights • Yields on short-dated treasury securities witnessed mixed adjustment. • Accra Bourse steeped up recovery to reduce year-to-date losses. • Ghana cedi outmuscled the British pound and Euro. • US equity market hit by stimulus talk deadlock. • Brent crude oil nearly hit the $50.00 mark, as demand picks-up. Macroeconomic Update Inflation dropped to 9.8 percent in November Consumer price inflation settled at 9.8 percent in November 2020. This represents a fourth consecutive...
Source: businessghana.com