{"id":24802,"date":"2014-06-13T17:12:51","date_gmt":"2014-06-13T17:12:51","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=24802"},"modified":"2014-06-13T17:12:51","modified_gmt":"2014-06-13T17:12:51","slug":"cedi-depreciates-18-8-four-months-after-introduction-of-new-fx-rules","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/06\/cedi-depreciates-18-8-four-months-after-introduction-of-new-fx-rules\/","title":{"rendered":"Cedi depreciates 18.8% four months after introduction of new FX rules"},"content":{"rendered":"<p>Cedi Depreciates 18.8% four months after introduction of new FX rules<\/p>\n<p>4th June was exactly four months since the Bank of Ghana introduced the new foreign exchange rules to help stabilize the cedi against major foreign currencies.<\/p>\n<p>Citi Business news desk analysis shows that the cedi has depreciated by about 25.6 percent to major trading currencies from the beginning of the year and about 18.8 percent after the introduction of the new foreign exchange rules on February 4, 2014.<\/p>\n<p>Prior to the introduction of the new rules, the cedi had depreciated by about 8.1 percent to the US dollar, about 6.8 percent to the British Pound and 6.4 percent to the Euro.<\/p>\n<p>This Citi Business Desk\u2019s infograph provides illustrative analysis of the performance of the Ghana Cedi in the last four months.<\/p>\n<p><script id=\"infogram_0_performance-of-cedi-4-months-after-the-introduction-of-new-fx-rules\" type=\"text\/javascript\" src=\"\/\/e.infogr.am\/js\/embed.js\"><\/script><\/p>\n<div style=\"width: 100%; border-top: 1px solid #acacac; padding-top: 3px; font-family: Arial; font-size: 10px; text-align: center;\"><a style=\"color: #acacac; text-decoration: none;\" href=\"\/\/infogr.am\/performance-of-cedi-4-months-after-the-introduction-of-new-fx-rules\" target=\"_blank\">Performance of Cedi 4 Months After the Introduction of New FX Rules CEDI VS US DOLLARCEDI VS BRITISH POUND CEDI VS EURO<\/a> | <a style=\"color: #acacac; text-decoration: none;\" href=\"\/\/infogr.am\" target=\"_blank\">Create Infographics<\/a><\/div>\n<p>&nbsp;<\/p>\n<p>By: Anim Kwaku Boadu\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cedi Depreciates 18.8% four months after introduction of new FX rules 4th June was exactly four months since the Bank of Ghana introduced the new foreign exchange rules to help stabilize the cedi against major foreign currencies. Citi Business news desk analysis shows that the cedi has depreciated by about 25.6 percent to major trading [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":18689,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cedi depreciates 18.8% four months after introduction of new FX rules - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2014\/06\/cedi-depreciates-18-8-four-months-after-introduction-of-new-fx-rules\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cedi depreciates 18.8% four months after introduction of new FX rules - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"Cedi Depreciates 18.8% four months after introduction of new FX rules 4th June was exactly four months since the Bank of Ghana introduced the new foreign exchange rules to help stabilize the cedi against major foreign currencies. Citi Business news desk analysis shows that the cedi has depreciated by about 25.6 percent to major trading [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/citifmonline.com\/2014\/06\/cedi-depreciates-18-8-four-months-after-introduction-of-new-fx-rules\/\" \/>\n<meta property=\"og:site_name\" content=\"Citi 97.3 FM - Relevant Radio. 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