Cedi Deprecitation to be tackled upfront – Kojo Oppong Nkrumah. Measures are put in place to address the Cedi depreciation against all major trading currencies, Minister has averred
The minister in charge of information for the Republic touched on the free fall Cedi.
According to Minister, Kojo Oppong Nkrumah the strength of the Cedi which is currently on the free fall will soon be tackled.
He revealed to the Media, indicating the government is putting stringent measures to stop the Cedi from depreciating further.
Amongst these measures include the meeting which will be held tomorrow with all CEOs of commercial banks across the country and the owners of forex bureau centres dotted across the country.
This, according to the Information Minister will be spearheaded by the Governor of the Bank of Ghana.
These are all attempts and commitments government is considering to strengthen the Cedi and to prevent it from depreciating further against major trading currencies, like the US Dollar.
He again touched on measures being put in place to regulate what he termed as overpricing of exchange rates in the various Forex bureaus in the country.
The government is currently expecting millions of Syndicated loans to shore up the country’s inflows and to also fights the Cedi depreciation.
OTHER STORIES ASIDE THE ONE ON CEDI DEPRECIATION
Schools Selection Process into SHS, GES Sends Urgent Message to Candidates
2022 BECE: Good news for candidates on selection of schools into SHSs
Scenes from Onua TV Blood Donation Exercise
Medikal List his Top Five Rappers in Ghana
Dr UN in Tears, Cries Uncontrollably as Joyce Dzidzor…
Literature: Cockcrow questions on the ripples, Written by Peter Paul Adolinama
Schools Selection Process into SHS, GES Sends Urgent Message to Candidates
2022 BECE: Good news for candidates on selection of schools into SHSs
Scenes from Onua TV Blood Donation Exercise
Medikal List his Top Five Rappers in Ghana
