General News of Thursday, 20 October 2022Source: angelonline.com.ghA Deputy Director of Communications for the New Patriotic Party (NPP), Ernest Kofi Owusu Bempah Bonsu, has described the Ghana Cedi as the third strongest currency in Africa. According to him, referencing the rate at which other currencies are depreciating against the dollar will prove that the Cedi in terms of value is indeed the third strongest currency in Africa. “A simple google check and referencing the rate at which other currencies are depreciating against the dollar will have shown that the Cedi in terms of value is indeed the third strongest currency in Africa. “All said and done, it is clear that the NPP government have managed the exchange rate much better than our predecessors and also much better than many other countries this year,” Ernest Owusu Bempah insist. Read the full statement below:Stop the dishonest misinformation: the Cedi is the third strongest currency in AfricaThe debate around the depreciating cedi has been going on for sometime now but the distortions are getting in the way of the facts.

Source: GhanaWeb October 20, 2022 11:05 UTC