YEN.com.gh breaks down how a currency board operates and if it is Ghana's answer to rising inflation and depreciating cedi. His popular "Hanke Inflation Dashboard" usually gives a measure for a country that is always higher than official figures. For Ghana, he has consistently proposed that the country get rids of its central bank, the Bank of Ghana, and install a currency board. Will A Currency Board Help Ghana's Falling Cedi? "Establishing a currency board with the likelihood of the same interference will yield the same result.

Source: GhanaWeb August 26, 2022 15:45 UTC