Naana Donkor Arthur Laments Cedi’s Appreciation Against the Dollar

US-Based TikTok star NDA prays for US dollar to rise against Cedi

A US-based TikToker Naana Donkor Arthur has said that the Ghana cedi’s recent appreciation is affecting her ability to support family back home.

Stop praising the NDC for the good performance of the Cedi, they haven’t done anything- Kennedy Agyapong

Former Member of Parliament for Assin Central on the ticket of the NPP, Hon. Kennedy Agyapong has advised Ghanaians to stop praising the NDC over the good performance of the Cedi. Speaking at the Central University, Kennedy Agyapong stated that the NDC has not done anything to make the Cedi compete the dollar. According to

Naana Donkor Arthur Laments Cedi’s Appreciation Against the Dollar

Ghanaian media personality and social media influencer, Naana Donkor Arthur, has voiced her frustrations over the strengthening Ghanaian cedi, which she says has made it more difficult for her to financially support loved ones back home. In a video shared on social media, Naana—popularly known as NDA—explained how the recent appreciation of the cedi against […] The post Naana Donkor Arthur Laments Cedi’s Appreciation Against the Dollar appeared …

Policy Brief: The Cedi’s Appreciation: A turning point or temporary relief?

Background to Cedi’s recent performance The Ghanaian cedi has long been characterised by persistent volatility, often undermining economic stability and investor confidence. For years, the currency has been on a steady downward trajectory against major international currencies such as the US dollar, British pound, euro, and Japanese yen. The 2024 fiscal year was particularly difficult for the cedi, with the local currency ranked among the four w…

Traders, Manufacturers Promise Price Drops in 60 Days

As the Ghana cedi shows signs of a strong rebound against the US dollar, leading trade and manufacturing bodies have pledged to adjust prices downward, promising some relief for Ghanaian consumers within the next two months. Ghana’s currency, the cedi, has been steadily gaining strength in recent weeks, now trading at approximately GH₵12.40 to the US dollar. This recent appreciation has triggered national conversations about the need for market …

Traders, industries set two-month window for price cuts as cedi strengthens

The Ghana Union of Traders Association (GUTA) and the Association of Ghana Industries (AGI) say Ghanaians could begin to see lower market prices within the next two months if the cedi’s recent appreciation is sustained. The announcement comes after a stakeholder meeting with the Minister for Trade and Industry, Elizabeth Ofosu-Adjare, on Wednesday, May 14. “The government should continue to do its good work by sustaining the appreciation of the …