Cedi depreciates 74% to dollar in past 3 years; faces further risk – IEA
The Ghana cedi has lost about 74% of its value against the dollar over the past 3 years, the Institute of Economic Affairs has disclosed. The local currency depreciated by 30.0% in 2022 and 27.8% in 2023. It has so far in 2024 lost almost 29% to the …