{"id":1264313,"date":"2022-12-12T16:29:15","date_gmt":"2022-12-12T16:29:15","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/12\/12\/cedi-stability-govt-needs-to-do-more-guta-economy\/"},"modified":"2022-12-12T16:29:15","modified_gmt":"2022-12-12T16:29:15","slug":"cedi-stability-govt-needs-to-do-more-guta-economy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/12\/12\/cedi-stability-govt-needs-to-do-more-guta-economy\/","title":{"rendered":"Cedi Stability: Gov\u2019t Needs To Do More \u2013 GUTA | Economy"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Ghana Union of Traders\u2019 Associations (GUTA), says government must put in more effort to sustain its efforts aimed at stabilising the cedi.<br \/>\u00a0<br \/>The Association President, Dr. Joseph Obeng in an interview with <strong>NEAT FM\u2019s<\/strong> morning show, &#8216;Ghana Montie&#8217;, commended the government for the recent gains made by the cedi against major trading currencies.<br \/>\u00a0<br \/><em>\u201cGovernment has done well but they need to do more. We [traders] will also respond positively,\u201d<\/em> he said.<br \/>\u00a0<br \/>Ghana has over the past few months been thrown into an era of economic chaos largely brought about by a sharp depreciation of the cedi against major trading currencies including the dollar.<\/p>\n<p>This led to a daily increment in the prices of essential commodities such as fuel and other goods and services.<\/p>\n<p>However, the cedi over the past week has made significant gains against the dollar and has seen stability in the forex markets.<br \/>\u00a0<\/p>\n<p><iframe loading=\"lazy\" style=\"border: none; overflow: hidden;\" src=\"https:\/\/www.facebook.com\/plugins\/video.php?height=318&#038;href=https%3A%2F%2Fwww.facebook.com%2FNEAT100.9FM%2Fvideos%2F691990205661632%2F&#038;show_text=false&#038;width=560&#038;t=0\" width=\"560\" height=\"318\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"true\"><\/iframe><\/p>\n<h3><strong\/><\/h3>\n<p><span class=\"peace_black_text_4\">Source: King Edward Ambrose Washman Addo\/peacefmonline.com\/ghana<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<table width=\"100%\" border=\"0\" cellpadding=\"0\" cellspacing=\"0\" style=\"clear:both\">\n<tr>\n<td><span class=\"peace_red_text_1\">Disclaimer<\/span>: <span class=\"peace_ash_text_1\">Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.<\/span><\/td>\n<\/tr>\n<\/table>\n<p>Featured Video\n<\/p>\n<p><div class=\"youtube-embed\" data-video_id=\"wB2-NHndouE\"><iframe loading=\"lazy\" title=\"Our Fight Against Sim Card Registration Is Unending- Hon. Ras Mubarak Cautions Gov&#039;t\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/wB2-NHndouE?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Ghana Union of Traders\u2019 Associations (GUTA), says government must put in more effort to sustain its efforts aimed at stabilising the cedi.\u00a0The Association President, Dr. Joseph Obeng in an interview with NEAT FM\u2019s morning show, &#8216;Ghana Montie&#8217;, commended the government for the recent gains made by the cedi against major trading currencies.\u00a0\u201cGovernment has done [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1205487,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[672,1963,225,168,3369],"class_list":["post-1264313","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-cedi","tag-economy","tag-govt","tag-guta","tag-stability"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1264313","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=1264313"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1264313\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1264313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1264313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1264313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}