Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,163,446 members, 7,853,938 topics. Date: Saturday, 08 June 2024 at 08:16 AM |
Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Ghana's Currency Slumps To World’s Worst Performer Versus Dollar (58549 Views)
Euro Slumps To Two-decade Low As Recession Fears Bite / Throwback Of Zelenskyy As A Performer / China's Economic Growth Slumps To Lowest In 27 Years As The Trade War Hits (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (Reply) (Go Down)
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Proudlyomonna: 11:07pm On Oct 17, 2022 |
Ghana is also having it really hot this Period. |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by everythinggirly(f): 11:08pm On Oct 17, 2022 |
Who is the cause of all these problems including the inflation? |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Tutor85: 11:08pm On Oct 17, 2022 |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Whiteshield: 11:12pm On Oct 17, 2022 |
Racoon: You are not exposed. You don't know the difference between Ikeja and Lekki but you think you can talk about the dollar. You should shut up and be taking notes when others are talking. 15 Likes 1 Share |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Iriruaga100(m): 11:14pm On Oct 17, 2022 |
Where Petrodollar go sef. When the fundamentals are weak the exchange rate will expose you. Like Buhari, Akufo Addo is super incompetent. 2 Likes 1 Share |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by InvertedHammer: 11:14pm On Oct 17, 2022 |
/ I guess "reverse japa" will be activated Nigerians love to run around a lot that's why there are millions of Nigerian youths rotting away in foreign lands. Disregard the 1% that come back to make noise when providence smiles at them. / 4 Likes 2 Shares |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by bisicheli: 11:15pm On Oct 17, 2022 |
A time will come when Ghana and other africa nations will change their currency to naira, and naira will be strong. Having Nigerians naira, Ghana Naira. 6 Likes |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by viodemus: 11:18pm On Oct 17, 2022 |
They don't produce anything of value in significant numbers. Just like Nigeria and pretty much all of black africa. 7 Likes |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by ike007(m): 11:19pm On Oct 17, 2022 |
How did the cedar remain strong against the dollar compared to Anglo phon country's currency? |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by HIPROFILE(m): 11:20pm On Oct 17, 2022 |
LeoDeKing: A country where animals in government offices swallows money at will? will someone be wrong to call such country a zoo? A country where its leader does not obey the rule of Law? thereby creating room for lawlessness like in a jungle, will someone be wrong to call such country a zoo? Bro lets accept the country is run the worst ways any country should be run not until other people tell us so then we become angry why they should say so. Why didn't you attack the United state when their president referred to the president and leader of your country as lifeless! You are ignorantly running a country aground and some section of the country sees that the way the country is being run, no good will ever come out of it hence fighting and calling for secession. Now see all of you running off to UK and Canada to go continue the branded slavery. 5 Likes |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by juman(m): 11:20pm On Oct 17, 2022 |
Not surprised. I knew this would happen. Their currency was insanely over valued. 2 Likes |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Precinct: 11:21pm On Oct 17, 2022 |
The world economy is not in its best form right now. |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by DeLaRue: 11:22pm On Oct 17, 2022 |
Nigeria is in a bad place. But a lot of things are actually cheaper and better in Nigeria even though we don't know it. When you look at the cost of apartment and hotel in Accra, Nairobi etc you thank God for Lagos and our other big cities. There's currently no country in the world that I would be interested in spending more than a few days in, before returning to Nigeria. I'm just not interested in any other country. When I hear Nigerians are in a place like India, I just wonder what they could possibly be doing there. 21 Likes |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by joshmee4real(m): 11:26pm On Oct 17, 2022 |
Nigeria is not doing well Either. You can't Change my already angered mind about this Country with this news 3 Likes |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Predictmaster(m): 11:26pm On Oct 17, 2022 |
NgeneUkwenu:hmmmmm |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by just2endowed: 11:27pm On Oct 17, 2022 |
kestolove95: Dollar is cedis is still around 12.5 cedies Dollar to naira is hovering around 700 to 730 My bro so 4 Likes |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Okhuadams(m): 11:28pm On Oct 17, 2022 |
NgeneUkwenu:No b only nija money dey fall 1 Like 1 Share |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by dochenaj: 11:29pm On Oct 17, 2022 |
kestolove95:The Cedi is still stronger than Naira, though the degree of devaluation of the Cedi is higher than Naira. Let me use an analogy. If you are on the 10th floor and you drop to the 6th floor that's 4 floors depreciation. But if you are at 2nd floor and remain there, that is zero depreciation but that doesn't make you better than the person on the 6th floor. 18 Likes 1 Share |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by juman(m): 11:30pm On Oct 17, 2022 |
First, they should not peg their currency to dollar. They dont have the economy to maintain it. They are just wasting away their external reserve to prop up their currency. 1 Like |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Realist12: 11:30pm On Oct 17, 2022 |
Ghanaians always laughing when Nigerians complains of inflation. |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Goodday90(m): 11:33pm On Oct 17, 2022 |
just2endowed:do you know that that before 2007,todays one cedis was actually 10,000 cedis,they just removed four zeros to make it look stronger Forget that “the more you look the less you see”,the cedis is worthless Ghanaians now use dollar in their country,and when a country start using dollars openly in the country,that means the country has failed 35 Likes 2 Shares |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Heffalump(m): 11:34pm On Oct 17, 2022 |
Naira is still among the worst currencies of the world. Those beating their chest about Ghana, their currency is still far stronger than Nigerian naira. How can you compare yourself with a country whose currency exchanges at less than 13 cedi to 1$ and you, who has almost N750 to the dollar? We are not mate to Ghana at all. Consider political stability, security, social amenities, trade and tourism (Nigerians trooping to Ghana for foreign training like Dubai). Nigeria is still learning and coming from a distance behind. See the truth and say it. period 3 Likes 2 Shares |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Abuventure: 11:38pm On Oct 17, 2022 |
NgeneUkwenu:must you display your St*pidity? 4 Likes 1 Share |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Babaken(m): 11:41pm On Oct 17, 2022 |
agadez007:I know the idiot the foolish comments most of those Ghanaian make will make you think if they attend primary school at all |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by waice6571: 11:41pm On Oct 17, 2022 |
The last fiscal adjustment the did some years back is now trolling them. They fraudulently cut some zeros away from their valueless Ceedis.... They started jubilating when they perpetrated the highest foolhardiness in the history national economics..... Ghana does not deserve to be addressed as a country. 13 Likes 1 Share
|
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by PARADIZEPRIEST: 11:44pm On Oct 17, 2022 |
You africans are facing the consequences of locking down your economy for months to copy oyibo,when there was no covid in Africa.Your crooked leaders sold lies to you to collec grants fr un UNICEF imf WHO etc to live large as usual. Look at income parity in Africa bw ruing class and civil servants is so criminally wide gap. 5 Likes |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by waice6571: 11:44pm On Oct 17, 2022 |
just2endowed: What you don't know is that 12.5 cedies to a dollar is actually 12,500ced 18 Likes |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Iriruaga100(m): 11:44pm On Oct 17, 2022 |
Heffalump: You need small education. Naira is actually stronger than Cedis. Naira has stronger purchasing power than the Cedis right now. 18 Likes 1 Share |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by vengertime: 11:45pm On Oct 17, 2022 |
NgeneUkwenu: E pain you 1 Like
|
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by MoneyMustBMade(m): 11:48pm On Oct 17, 2022 |
Yet Ghana currency is still higher than naira oo when naira was formerly higher than Ghana cedis... Our own is off completely, so no praise of Nigeria yet oo First check thier currency rate on current exchange and check naira and come and rewrite your comments Cedis is still far higher than naira |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Iriruaga100(m): 11:49pm On Oct 17, 2022 |
waice6571: Add three zeros to the 12.5. The actual value is 125000 Cedis to 1$. 8 Likes 1 Share |
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by MoneyMustBMade(m): 11:49pm On Oct 17, 2022 |
1$ is 11cedis/$ 1$ is 743/$ So make una keep quiet 2 Likes |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (Reply)
– Man Who Shot South African Lucky Dube Says He Thought He Was A Nigerian. / White House Staff To Move Out The Obamas & Move In The Trumps In 6 Hours / Difference Between Trump And Clinton Brilliantly Summed Up In One Cartoon
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 65 |