Tag Archives: Dollar

A Senior Research Fellow at Kumasi Technical University, Dr. Smart Sarpong, has called on government to tackle the black market control over the dollar currency in the country. Contributing to Peace FM’s “Kokrokoo” Friday morning, Dr. Smart Sarpong applauded government for its $2 billion financial arrangement to cushion the financial …

One of the beautiful parts of having excess money is that you can afford all the luxuries money can buy and purchasing a luxurious yacht is one of the best gadgets one can buy. Nigerian billionaire Femi Otedola is one of the few that owns a yacht which is named …

Former President John Dramani Mahama has raised questions about the whereabouts of vice president, Dr Mahamudu Bawumia at a time when the country is facing economic and social hardship. According to him, it seems the cedi has rather arrested Dr Mahamudu Bawumia as hardship in the country has led to a scale never witnessed in the …

As of March 16, 2022, the trading rate of the U. S. dollar as against the Ghana Cedi was GH¢8.12. There are already great fears that now that the country’s currency has finally ‘broken the 8,’ it could soon just hit the GH¢10 mark. Should that happen, it could just …

On the Interbank forex rates from the Bank of Ghana today, March 15, 2022, the Ghana Cedi is trading against the dollar at a buying price of 7.0265 and a selling price of 7.0335. As compared to yesterday’s trading of a buying price of 7.0215 and a selling price of 7.0285. At …

MP for Bolgatanga Central Constituency, Isaac Adongo, has clapped back at the Bank of Ghana after over he calls “cooked reserves.” Ghana’s cedi has been on a depreciation spree since the beginning of this year. As of Friday, March 10, 2022, the dollar was selling at GH¢7.65. This according to the business community …

The Ghana Union of Traders (GUTA) has called for the fast-tracking of moves to ensure that Ghanaian traders are able to trade more in the Chinese Yuan when doing business with China. Such a move is expected to reduce pressure on the Cedi because imports will not be done with …

Usually, in the lead up to major elections, slogans fly around. The political parties, both big and small, know the effect slogans have on the electorates and the race for who gets the most catchy slogan is always intriguing. Remember “Asie Ho, Forward ever, backwards never, Ghana must work again, …

The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has hinted that, he will be dragging three MPs before the Privileges Committee for their absenteeism without the Speaker’s permission. The three MPs are; Sarah Adwoa Safo, Dome-Kwabenya MP, Kennedy Agyapong, Assin Central MP and Henry Quartey, Ayawaso Central MP. According to …

The case in which three police officers are facing allegations of stealing US$400 from a car belonging to a Harare woman was last week deferred to Monday next week to allow the court to gather evidence. Gladmore Munodawainda (34), Edson Ngwenyama (27) and Lovejoy Zamba (28), who are stationed at …