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Cedi crosses ¢13 mark; loses 5.4% in value to dollar since January 1, 2024

The Ghana cedi crossed the ¢13 mark as the depreciation of the local currency continued on February 28, 2024. Most forex bureaus, according to checks by Joy Business sold one US dollar for between GH¢13.05 and GH¢13.15. Some analysts have attributed the recent depreciation of the cedi to incessant corporate demand, which they described as […]