Ghana Cedi
Ghana Cedi
 
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Friday, July 01, 2016
 
 
Bank of Ghana Daily Interbank FX Rates

Ghana Cedi Falls Second Month as Growth Spurs Dollar Demand


Bloomberg, July 01, Ghanadot - Ghana’s cedi is heading for a second straight month of losses against the dollar as an acceleration in economic growth boosts demand for dollars to pay for imports.


The currency of the world’s second-biggest cocoa producer weakened 3 percent in June after sliding 0.7 percent in May, the first instance of back-to-back monthly losses since November. The cedi fell 1 percent to 3.9550 per dollar by 11:55 a.m. on Thursday in Accra, the weakest level on a closing basis since Feb. 23..........More

 

 

Comments / Notables

Commentary - At New York City, a glorious day - N. B. Andrews

Review - They Always Say It’s Impossible. Until It’s Done. A Race Against TIme and Cold-Hearted Bureaucracy - Dawid Konotey-Ahulu

Commentary - The Accra flood and the branding of the unnecessary  - E. Ablorh-Odjidja

Commentary - Democracy and accountability under attack in today’s Ghana - Prof. T.P. Manus Ulzen

Commentary - Mohammed Ali, a personal note remembered - E. Ablorh-Odjidja

Commenatry - No need for any drama to make Woyome pay for his undeserved judgement debt benefit - Dr. Michael Bokor

Commentary - Elitist Arrogance - Walter Williams

Review - Only mad 60-year olds fault Kwame Nkrumah for Ghana's dev't quagmire (4) - Prof. Lungu

Review -  Kwame Nkrumah: World Peace, African Unity and a United Ghana - Ade Sawyerr

 

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Videos and pictures
 

Chicago Woman Is First Adult Cured Of Sickle Cell Disease With Chemo-Free Technique

BlackDoctor, June 29, Ghanadot - Iesha Thomas has been in and out of hospitals battling sickle cell disease since she was only 8 months old. This summer, 33-year-old Thomas became the first adult to be cured of sickle cell disease with a chemotherapy-free procedure at University of Illinois Hospital & Health Sciences System (UI Health), the University reported......   .More

 

 

Ghana Cedi Falls Second Month as Growth Spurs Dollar Demand

Bloomberg, July 01, Ghanadot - Ghana’s cedi is heading for a second straight month of losses against the dollar as an acceleration in economic growth boosts demand for dollars to pay for imports.

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Parkinson’s disease and Ghana’s untold medical feat

Ghanaweb, June 24, Ghanadot - What many outside medical circles in Ghana may not know, is that Ghana made medical history and recorded a major breakthrough in brain surgery in November 2007, when a team of brain surgeons at the Tema International Neuro-Center successfully performed a seven-hour operation to treat a patient suffering from Parkinson's disease ....More

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They Got It Wrong: Swarms of Global Chatterers Misread Brexit
Bloomberg, June 25, Ghanadot - A global cohort said before Thursday’s Brexit vote that Britain was unlikely to pull out of the European Union, the post-World War II international project that brought an unprecedented era of prosperity and peace. Yet some were led astray by the belief that free trade’s money and material goods outweighed nationalism and the tug of nostalgia.
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