Ghana's local currency, the cedi, has recorded marginal gains against major trading currencies, particularly the US dollar, ...
The Bank of Ghana, in its efforts to curb the depreciation of the cedi, sold over $200 million in the last quarter of 2024. But speaking entirely on the performance of the currency, he said the ...
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Cedi depreciation and its ripple effects
By\xa0Samuel Lartey(Prof)sammylaatey@yahoo.comThe Ghanaian economy entered 2025 with a mixed bag of challenges and opportunities as the cedi continued its perennial battle against major trading ...
MTN Nigeria CEO Karl Toriola has defended recent tariff hikes by mobile network operators, stating they are essential for the ...
Ghana and Africa stand at a crucial crossroads. To curb corruption and inflation, the government must take bold steps to ...
Currency depreciation also erodes the purchasing ... The central bank injected $200 million into the forex market in January 2025, helping to moderate the cedi’s depreciation. Conclusion The Cedi’s ...
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However, the EU wants to change this with a €200 billion investment in AI. The InvestAI initiative to fund AI development in EU countries with €200 billion The EU funding will fall under the ...
EUR/USD rebounded sharply past the 1.0400 barrier ... The broader bearish trend will likely persist as long as the pair stays below the 200-day SMA at 1.0775. In shorter timeframes, interim ...
EUR/GBP struggles to sustain uptrend, facing resistance near 0.8473. Pair tests 200-day SMA at 0.8422; could revisit year-to-date high if support holds. Potential downward move targets 100-day SMA ...
PARIS, Feb 10 (Reuters) - French President Emmanuel Macron on Monday announced investment pledges to bolster France's artificial intelligence sector totalling 109 billion euros ($112 billion ...