₦airaland Forum

There are some that he has never and will never wear.

MumuCountry:
Ghana’s Cedi Is the Year’s Biggest Winner Against the U.S. Dollar
By Moses Mozart Dzawu
February 3, 2020, 7:33 AM EST
Updated on February 3, 2020, 9:39 AM EST

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Ghana’s cedi, the world’s best-performing currency against the dollar this year, extended its advance on Monday as investors await a Eurobond sale that would bolster the government’s coffers.

The currency of the world’s second-biggest cocoa producer has strengthened 3.9% in 2020, the most among more than 140 currencies tracked by Bloomberg, a turnaround from last year, when it weakened 13%.

The coronavirus outbreak and the recent lunar new year holiday in China has cut back travel and trade, reducing demand for foreign currency from Ghanaian importers, according to Nana Yaa Faakye, Head of Treasury at Republic Bank Ghana Ltd. The West African country is concluding a series of meetings with international bond investors Monday for a sale of as much as $3 billion in Eurobonds.
Ghana's cedi is the world's best-performing currency in 2020

“With the impending Eurobond issuance, which is likely to increase foreign reserves, some buyers are betting that the cedi will strengthen further,” Faakye said.

The central bank’s tight monetary stance is also supporting the currency, said Steve Opata, head of financial markets at the Bank of Ghana. Market reforms including the introduction of forward-rate foreign exchange auctions since October, with a target of $715 million this year, are another factor in favor of cedi gains, he said.

“The country’s high nominal interest rates matter to investors as it will give them some immunity when the currency depreciates,” Stephen Bailey-Smith, a investment strategist at Kolding, Denmark-based Global Evolution, said by phone. “We have obviously seen some guys come back into the market.”

So how much is 1 cedi to 1 dollar

Pro2makx:
Only a fool will not see this is hypnosis. The same tactics the islamic jehadists employ in hypnotising those young teenage christian girl. Impregnate and forcefully convert them to islam. The same tactic they use to hypnotise most of the poor men fighting for them at sambisa right now. May God rearrest and delive Abraham from that hell.

Why are you blaming me?

K

Na wetin he wan use chop nau

Lekside230:
but what happen is that..she’s honest and have never found anything crazy on her phone...like any strange guy texting her.

Seems you trust her fully. Do you know how many guys woo her daily, even on facebook or whatsapp? You can't be too sure.

Obviously she's using you as her Atm. You know most women this days date btw 2 - 5 boyfriends at the same time. Use your money to develop yourself.

China in crisis

More like a flat screen projector

Be scheming and dreaming. Soon other countries will ban Nigeria.

And I old pass this guy oo
God. Which time you go pick my own call?

Love made in Dubai. #very risky

Abfinest007:
every Nigerian is blaming buhari Americans are blaming Trump who is really d problem

Food 4 thought

Wetin congregation no go see 4 church

Na so ashewo dey talk

She no really smart after all

Trump is acting in the interest of his country. Don't be sentimental and overly emotional.

Why does Africa have a lot of ridiculous traditions?

So because he's a keke driver, he can't toast u of what?

Shut up.
How can you be so heartless. All for a click.

I'm so angry right now

Tell your friend. Do you want him to purposely marry a cheating woman? The b*tch ain't loyal.

The guy is good

Deadly play. Actually playing with death

Lucky bastard

I really don't know the purpose of this video. Whether to make me happy or sad.

They are really looking fresh.

I really enjoyed the video.

I can't act for $1 million