{
  "id": 8259704,
  "title": "“Sometimes it’s deliberate to allow the cedi to depreciate a little” – Governor assures of control",
  "url": "https://urgent.news/2026/09/18/sometimes-its-deliberate-to-allow-the-cedi-to-depreciate-a-little",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T14:45:28.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/sometimes-its-deliberate-to-allow-the-cedi-to-depreciate-a-little-governor-assures-of-control/"
  },
  "original_language": "en",
  "account": "Dr. Johnson Asiama, Governor of the Bank of Ghana, has put the minds of businesses at ease regarding recent fluctuations in the foreign exchange market. He emphasized that the recent decline of the cedi against the dollar, driven by pressures from Christmas imports, remains under control. Speaking to capital market stakeholders at the Ghana Stock Exchange, the Governor encouraged businesses to remain confident in the stability of the forex market. The local currency has experienced a dip, trading at approximately 12 cedis per dollar at certain forex bureaus, while the Bank of Ghana sells it at around 11.59 cedis as of Thursday. Asiama clarified that these movements are part of a strategic approach to keep the economy running smoothly, and therefore, there is no reason to be concerned. \"Managing an economy, sometimes things may be challenging, but it doesn't mean we lose control. Sometimes, it's acceptable to allow the system to adjust; sometimes, it's a deliberate policy to allow the cedi to depreciate a bit. All these are within the strategy, so when you see those minor fluctuations, don't be alarmed; we have it all under control,\" he assured. Regarding the overall economic growth, the Governor urged managers across various sectors to maintain confidence in the system. He appealed to the Central Securities Depository (CSD) to ensure the provision of transparent information to investors about their investment portfolios. Asiama believes that this move will make the capital market more appealing to potential and young investors.",
  "summary": "Governor of the Bank of Ghana, Dr. Johnson Asiama, has assured businesses that the recent movements in the foreign exchange market are under control.",
  "key_points": [
    "Dr. Johnson Asiama, Governor of the Bank of Ghana, assures control over cedi depreciation",
    "Cedi declines to 12 per dollar at some forex bureaus, 11.59 at Bank of Ghana",
    "Minor fluctuations are part of strategy, not cause for concern"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Joy Business",
        "title": "“Sometimes it’s deliberate to allow the cedi to depreciate a little” – Governor assures of control",
        "url": "https://urgent.news/2026/09/18/sometimes-its-deliberate-to-allow-the-cedi-to-depreciate-a-little-8260232",
        "published": "2026-09-18T14:45:28.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}