General News of Thursday, 28 March 2019Source: 3news.comGovernment not to blame for Cedi depreciation – Kwame PianimInternational economist, Kwame PianimInternational economist Kwame Pianim has taken an unorthodox position regarding who is to blame for the weakening of the domestic currency on the international foreign exchange market. According to the investment consultant, government must not be blamed for the depreciation of the Cedi. “We should not blame government for Cedi depreciation,” he posited. It was themed: ‘The Ghana Cedi: Breaking the Cycle of Depreciation’. Mr Pianim, who was the first speaker, insisted that the performance of the Cedi signals the health of the Ghanaian economy.
Source: GhanaWeb March 28, 2019 09:33 UTC