Cedi Depreciation
Joy Business News
English - February 27, 2024 06:15 - 9 minutes - 8.73 MB - ★★★★★ - 1 ratingBusiness News News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The Ghana cedi has lost about 4.44% in value to the US dollar since the beginning of the year. Last week, the local currency weakened 1.37% to the American greenback week-on-week, as a result of immense corporate demand and cedi-funded foreign exchange pressure.