dollar was forecast to be exchanged for 11.2 Ghanaian cedis (GHS), on average. In the previous year, the rate was estimated at 8.4 GHS, up from 5.6 GHS in 2020. By the steadily increasing exchange rate, a person with 100 U.S. dollars was expected to receive approximately 1,120 GHS ...
This study modeled the monthly exchange rate between the Ghana Cedi and the US Dollar and forecast future rates using time series analysis. ARIMA model was developed using Box and Jenkins method of Time Series Analysis on the monthly data collected from January, 1994 to December 2010 and ...
Revenue Change Please wait Change the visualization to a column chart. Change the visualization to a line chart. Change the visualization to a table. Notes: Data was converted from local currencies using average exchange rates of the respective year. ...
The benchmark interest rate in Ghana was last recorded at 27 percent. This page provides - Ghana Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Government is however targeting to reduce the debt to GDP ratio to 50% in 2028 following the completion of the debt exchange and measures to contain exchange rate volatilities. The IMF also reaffirmed its projection for Ghana’s economic growth in 2024, maintaining the forecast at 3.1...
EFFECT OF EXCHANGE RATE VOLATILITY ON THE GHANA STOCK EXCHANGE. Additionally, there is volatility persistence in most of the macroeconomic variables; current period's rate has an effect on forecast variance of future ... Adjasi,Charles,Harvey,... - 《African Journal of Accounting Economics ...
Any forecast contained herein as to likely future movements in rates or prices or likely future events or occurrences constitutes an opinion only and is not indicative of actual future movements in rates or prices or actual future events or occurrences (as the case may be).Read More Hosted by...
Forecast: Government Net Debt (GHS bn) 1,296.452 2029 yearly 1990 - 2029 Forecast: Government Revenue (GHS bn) 349.498 2029 yearly 1982 - 2029 Foreign Trade Last Frequency Range Forecast: Exports of Goods Growth (%) 4.394 2028 yearly 1980 - 2028 Trade Balance (USD mn) 542.1 Oct 202...
However, its growth rate in 2006 was below the forecast target of 6.2 per cent for 2006 contained in the National Government 2006 budget. Growth rates in both services and industry sectors declined in 2006 as compared to those of 2005. The industry sector grew at 7.3 per cent compared to ...
there is an associated risk with relying on the former which could impose a higher cost in the short-term, in the long-term, the effect seems to vanish. Further results show that, the positive pass-througheffect of interest rate, exchange rate, and crude oil price to electricity price is...