Business News of Wednesday, 20 March 2019Source: mynewsgh.comGhana Cedi is surviving on 'pain killers' - AdongoIsaac AdongoMember of Parliament (MP) for Bolgatanga Central, Hon Isaac Adongo has observed that the Ghana Cedi is currently surviving on pain killers which is not sustainable following its sudden performance in the last two days. “It is normal for a currency in free fall to occasionally rally when managers give false assurances but the market soon reacts when improvement in conditions don’t occur. “The cedi will cross 6(GH¢6 to a dollar) before half year. They can’t borrow three billion long term to come and solve the problem…now they are going short term and thinking…who has ever survived on pain killers? But Hon Adongo in an interview he granted Metro TV’s Paul Adom Otchere monitored by MyNewsGh.com, observed that nothing can be done about the predicament of the cedi against the dollar and other major currencies worldwide.

Source: GhanaWeb March 20, 2019 06:45 UTC