{"id":1183698,"date":"2022-08-19T08:13:52","date_gmt":"2022-08-19T08:13:52","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/08\/19\/playback-pm-express-discuss-bogs-measures-to-stabilise-cedi\/"},"modified":"2022-08-19T08:13:52","modified_gmt":"2022-08-19T08:13:52","slug":"playback-pm-express-discuss-bogs-measures-to-stabilise-cedi","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/08\/19\/playback-pm-express-discuss-bogs-measures-to-stabilise-cedi\/","title":{"rendered":"Playback: PM Express discuss BoG&#8217;s measures to stabilise cedi"},"content":{"rendered":"<p><\/p>\n<div id=\"article-text\" style=\"line-height: 2; letter-spacing: -0.5px;font-size: 18px;\">\n<p>                        <!--p class=\"ky_saved_articles_link\"><span class=\"ky_saved_articles_hide\"><img decoding=\"async\" src=\"\" class=\"ky_saved_articles_img\" alt=\"Playback: PM Express discuss BoG's measures to stabilise cedi\" title=\"Playback: PM Express discuss BoG's measures to stabilise cedi\"><\/span> Bookmark<\/p-->\n<p>On Wednesday, the Bank of Ghana announced measures to help address the cedi depreciation as well as the rising inflation.<\/p>\n<p>This measure follows a recent currency performance ranking by Bloomberg which classified the Cedi as the worst-performing currency across the globe after Sri Lanka\u2019s Rupee.<\/p>\n<p>Bloomberg tracked the performance of 150 currencies in the world and the Cedi placed last but one in terms of performance since the beginning of the year.<\/p>\n<p>In less than 8 months, the Cedi has come under intense exchange rate pressure due to its continuous depreciation in relation to some major international currencies such as the Dollar, Pound and Euro.<\/p>\n<p>With current rates of inflation and depreciation, one might wonder if the measures are worthwhile. This brings us to JoyNews Business Edition discussion.<\/p>\n<p>Guests for the programme are: CEO of Association of Ghana Industries, Seth Twum Akwaboah, CEO of Ghana Chamber of Mines, Sulemanu Koney, Head of Economic Department of the University of Ghana, William Baah-Boateng and President of African Investment Group, Dr Sam Ankrah.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-embed-handler wp-block-embed-embed-handler wp-embed-aspect-4-3 wp-has-aspect-ratio\">\n<p><div class=\"youtube-embed\" data-video_id=\"iqHsEnCL3XQ\"><iframe loading=\"lazy\" title=\"Joy News Live\" width=\"696\" height=\"522\" src=\"https:\/\/www.youtube.com\/embed\/iqHsEnCL3XQ?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<\/figure>\n<p>                <!-- Post Tags --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, the Bank of Ghana announced measures to help address the cedi depreciation as well as the rising inflation. This measure follows a recent currency performance ranking by Bloomberg which classified the Cedi as the worst-performing currency across the globe after Sri Lanka\u2019s Rupee. Bloomberg tracked the performance of 150 currencies in the world [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1183320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[2823,672,3742,2310,1145,22141,6166],"class_list":["post-1183698","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics","tag-bogs","tag-cedi","tag-discuss","tag-express","tag-measures","tag-playback","tag-stabilise"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1183698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1183698"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1183698\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1183698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1183698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1183698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}