Ghana cedi ranked best performing currency in the world against the dollar

Ghana’s cedi, the world’s best-performing currency against the dollar this year, extended its advance on Monday as investors await a Eurobond sale that would bolster the government’s coffers. The currency of the world’s second-biggest cocoa producer has strengthened 3.9% in 2020, the most among more than 140 currencies tracked by Bloomberg, a turnaround from last […]

Gov’t inaugurates committee to investigate depreciation of cedi

The Finance Ministry has inaugurated a committee to look into the causes of the depreciation of the cedi and propose solutions to the problem. The establishment of the committee, named the FX Development Committee, is a fulfilment of a promise made by the ministry last year to constitute a bi-partisan committee to look into the […]