Cedi remains relatively stable since February 2023; Y-T-D depreciation to dollar stands at 22.5%
[ad_1] The Ghana cedi has remained relatively stable to the US dollar since depreciating by about 20.6% on the interbank forex market in January 2023. According to data from the Bank of Ghana, the local currency has lost about 22.5% to the American greenback as of September 2023. This is compared with 37.5% during the…