Search results
Results from the Tech24 Deals Content Network
As of September 2022, the annual inflation rate of 37.2% as reported by the Ghana Statistical Service was the highest since 2001. [ 11 ] By October 2022, the cedi became the world's worst performing currency, having lost 60% of its value relative to the U.S. dollar since the end of 2021. [ 12 ]
Ghana embarked on a currency re-denomination exercise, from the Cedi (₵) to the new currency, the Ghana Cedi (GH₵) in July 2007. The transfer rate is 1 Ghana Cedi for every 10,000 Cedis. Ghana is Africa's largest gold producer, after overtaking South Africa in 2019, [29] and the second-largest cocoa producer (after Ivory Coast). [30]
IMF releases the quarterly data on the currency composition of official foreign exchange reserves. The data are reported to the IMF on a voluntary and confidential basis. As of Q4 2016, there are 146 reporters, consisting of IMF member countries, a number of non-member countries/economies, and other entities holding foreign exchange reserves.
Ghanaian cedi. Ghanaian pound. Gold Coast ackey. Categories: Currencies of the British Empire. Currencies of the Commonwealth of Nations. Currencies by country. Currencies of Africa by country. Economy of Ghana.
Ghana. From 1966 to 1979, the nation of Ghana underwent a turbulent era as the Second Republic of Ghana. It began when the government of Kwame Nkrumah was overthrown on February 24, 1966 by a military coup (one which may have been foreseen by the US government ). After the coup, the National Liberation Council (NLC) took control of the country ...
E-Cedi. The E-Cedi is a proposed central bank digital currency (CBDC) for Ghana. Dr. Ernest Addison is the Governor of the Bank of Ghana. In June 2021, he announced the development of the E-Cedi. CBDC currencies are digital currencies that digitize a country's fiat currency.
This bar chart is a visual representation of the change in temperature in the past 100+ years. Each stripe represents the temperature averaged over a year. The average temperature in 1971–2000 is set as the boundary between blue and red colors, and the color scale varies from ±2.6 standard deviations of the annual average temperatures between the years mentioned in the file name.
(Bloomberg) -- Africa’s second-most aggressive monetary authority after Zimbabwe is set to show Ghana’s resolve once again by raising interest rates at its final meeting of the year to boost ...