Can cedi breakaway from weakening cycle?

The Ghana cedi continues to lose more ground against the U.S. dollar with analysts estimating the local currency has lost about 14 per cent of its value so far this year. Courage Boti, Economist at GCB Capital says oil sector payments, corporate demand and speculation in the FX market remain pressure points driving the fall.
Tue, 14 May 2024 14:39:32 GMT