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1 https://wordpress.org/?v=6.9.4https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.pngEconomist Steve Hanke – DIGIT INFO
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3232World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140%
https://www.digit.info/worlds-worst-performing-currency-the-cedi-reverses-gains-economist-steve-hanke-says-ghana-inflation-now-over-140/
Thu, 10 Nov 2022 06:30:28 +0000https://www.digit.info/2022/11/10/worlds-worst-performing-currency-the-cedi-reverses-gains-economist-steve-hanke-says-ghana-inflation-now-over-140/Read more]]>Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The cedi’s reversal is said to have dented the currency’s recovery prospects. On the other hand, Ghana’s former president John Mahama and […]
]]>Latest Ghana Inflation Rate the Highest in 19 Years — Economist Recommends Installation of Currency Board
https://www.digit.info/latest-ghana-inflation-rate-the-highest-in-19-years-economist-recommends-installation-of-currency-board/
Tue, 16 Aug 2022 10:00:59 +0000https://www.digit.info/2022/08/16/latest-ghana-inflation-rate-the-highest-in-19-years-economist-recommends-installation-of-currency-board/Read more]]>Ghana’s ongoing economic woes appeared to worsen in July after data from the country’s statistical agency, Ghana Statistical Service, suggested that the inflation rate is now nearly 31.7%. The nearly 2% increase in the country’s inflation rate comes at a time when the local currency is reported to have depreciated by as much as 30% […]
]]>Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets
https://www.digit.info/salvadoran-president-nayib-bukele-taunts-economist-steve-hanke-after-bitcoins-price-skyrockets/
Sun, 17 Oct 2021 17:00:19 +0000https://www.digit.info/2021/10/17/salvadoran-president-nayib-bukele-taunts-economist-steve-hanke-after-bitcoins-price-skyrockets/Read more]]>On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces “financial ruin” with “Bukele at the helm,” after El Salvador’s […]
Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The cedi’s reversal is said to have dented the currency’s recovery prospects. On the other hand, Ghana’s former president John Mahama and […]
Ghana’s ongoing economic woes appeared to worsen in July after data from the country’s statistical agency, Ghana Statistical Service, suggested that the inflation rate is now nearly 31.7%. The nearly 2% increase in the country’s inflation rate comes at a time when the local currency is reported to have depreciated by as much as 30% […]
On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces “financial ruin” with “Bukele at the helm,” after El Salvador’s […]