Ghana Cedi: Africa’s 7th Most Robust Currency
In the ever-dynamic world of foreign exchange, where currencies ebb and flow like a tide that shapes economies, the Bank of Ghana brought forth a compelling report. They stated that the Ghanaian Cedi had depreciated by 5.3% against the US dollar in the interbank market over the first quarter of 2025. This insight invites the question: what does this mean for a nation striving for economic prowess?
Oddly enough, the Cedi's descent appeared gentler in the retail market, where it fell by a…