After showing some strength against the American dollar all of last week, the Ghana cedi started this week, Monday, November 7 with a terrible poor showing.
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Traders predict food shortage during Christmas due to cedi fall
It could get difficult for Ghanaians trying to stock up food for Christmas as traders in say are unable to import enough food products due to cedi's rapid fall.
KT Hammond ‘almost fought’ at a fuel station, blames OMCs for price hikes
KT Hammond has blamed OMCs for constant hikes in petroleum products in Ghana. He disclosed recently that he almost threw blows at a fuel station over the issue.
Accra-Techiman drivers to park their vehicles from Monday over fuel price increase
Drivers who ply the Techiman-Accra, Techiman-Cape Coast and Techiman-Kumasi routes have said they will park their vehicles from Monday due to fuel price hikes.
“You’re dreaming” – Prof Hanke says Akufo-Addo’s promise to revive economy won’t happen
Prof Steve Hanke has said president Nana Akufo-Addo's recent promise to solve the debilitating economic challenges is mere rhetoric because it will not happen.
Cedi strengthens against the dollar a day after Akufo-Addo’s speech; $1 now Gh¢13.60
24 hours after President Akufo-Addo's address to the country, the cedi has strengthened to the US dollar and other major global trading currencies worldwide.
“Mahama and Kufuor can help” – Economist wants Akufo-Addo to approach former presidents
Dr George Domfe has advised Nana Akufo-Addo to quickly tap into the expertise of former presidents Mahama and Kufuor in efforts to surmount the economic crunch.
“His approach was the best” – Economist applauds for Akufo-Addo after address on economy
Dr George Domfe has said president Akufo-Addo deserves praise for his national address on Ghana’s economic crunch on Sunday, October 30 because it was spot on.
Stop slapping huge margins on goods – Akufo-Addo warns market women
Akufo-Addo has urged traders to pull the brakes on constantly slapping huge margins on prices of their goods to beat down the effects of market uncertainties.
Akufo-Addo unveils 5 'powerful' strategies to strengthen cedi against dollar
The president has expressed confidence that some firm steps his economic management team is taking to stop the depreciation of the cedi will bring results.
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