Tag Archives: CEDIS

A special operation by the Ghana Police Service has led to the arrest of 15 women, who are part of a gang printing and spreading fake currency notes across the Kumasi Metropolis. The gang was rounded up at separate locations in the metropolis on Wednesday, May 27, 2020, police sources …

The resurgence of demand on the trading market has led to the cyclical depreciation of the Ghana cedi against three major trading currencies on the interbank currency market, according to data released by the IGS Financial Services. According to the figures, the US dollar last week made a weekly gain …

Despite all the gains made by the local currency against its major trading currencies at beginning of the year, especially the United States dollar, the coronavirus pandemic impact has washed all away, causing the cedi to lose its strength. The cedi, which appreciated by 4.5 percent as of the end …