QUOTE AND NEWS
Reuters  Sep 11  Comment 
Ghana's central bank will likely keep its key lending rate at its current level of 15 percent in order to consolidate liquidity mopping and ward off inflationary pressures ahead of elections in December, analysts said.
Reuters  Sep 4  Comment 
Ghana's President John Dramani Mahama said on Tuesday he had instructed his government to maintain policies targeting reduced inflation and support for the cedi currency, and pledged to break with cycles of election-related overspending.
Reuters  Aug 25  Comment 
Ghana's cedi rose 0.28 percent against the dollar on Friday on the back of an oversubscribed 5-year government bond, traders said.
Reuters  Aug 15  Comment 
Ghana's annual inflation rate increased for the fifth month in a row in July, driven higher by the weak cedi currency which increased the cost of imported foodstuffs, Ghana's statistics office said on Wednesday.
Reuters  Aug 6  Comment 
Ghana's cedi traded little changed on Monday with corporate demand for the dollar weak, traders said, as the outgoing head of the country's Central Bank said measures taken by the bank had stabilised the currency.
Reuters  Jul 11  Comment 
Ghana's cedi held steady on Wednesday against the dollar as sales of the greenback by local mines temporarily helped to ease pressure on the local unit, traders said.
Reuters  May 19  Comment 
Ghana is poised to achieve its 8.5 percent inflation target for 2012 by reinforcing fiscal and monetary measures, including support for the local cedi currency, finance minister Kwabena Duffuor said on Friday.




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The chart at left shows the USD/GHS currency pair; the number of Ghanaian Cedi equivalent to 1 U.S. Dollar (USD).

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