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Ghana’s Cedi Expected to Continue Slide

Joshua Worlasi Amlanu

Joshua Worlasi Amlanu is a seasoned business and financial journalist with a decade of expertise.
  • Cedi weakens significantly against major currencies, falling 3.83% against the USD.
  • Market analysts foresee continued depreciation due to supply-demand imbalances and economic uncertainties.

 

Accra, Ghana – Market analysts are anticipating further weakening of the cedi in the short term, given the Bank of Ghana’s (BoG) current stance and the significant supply-demand imbalances in the market.

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