Tag
CEDI
On June 4, 2025, Bloomberg.com drew global attention with the headline: “World-Beating Cedi Slows Ghana Inflation to Three-Year...
The US Dollar index hit a fresh high, closing above 107.74 points as of the market ending on the 18th of December 2024, attaining its strongest level in two years.
As a CEDI partner, Nigeria could profit from the $12 billion set aside for the implementation of the programme.
The Ghanaian cedi came under pressure after racking up a whopping loss of 22.44% against the US dollar.
Ghana's central bank has announced its largest-ever interest rate hike to halt the country's spiralling inflation fed by global tensions in Europe.
Ghana's currency is facing a lot of pressure as the economy recovers and the demand for the dollar...