Business News of Thursday, 2 September 2021Source: ghanaiantimes.com.ghWith exactly four months to the end of the year 2021, the Ghana Cedi is expected to experience further marginal depreciation against the U.S. Dollar, following a recent period of weakening, an economist with Databank, Courage Martey, has predicted. So from where we are, it would not be out of place to see the Cedi recording some more depreciation,” he said in an interview with citibusiness news in Accra yesterday. The Ghana Cedi began the year 2021 trading at G.H. ¢5.76 pesewas to a dollar, showing no depreciation for the first six months. These indicators show that there is scope for the depreciation of the Cedi beyond where we are today,” he said.

Source: GhanaWeb September 02, 2021 13:07 UTC