Ghana Issues 5-Year Bond to Tame Cedi Pressure
This has prompted a flurry of speculations in the market with analysts predicting that the cedi will rally strongly against the major trading currencies.
Weakening currency worries Ghana.
InFocus
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As the currency's value tumbles against major currencies, the Ghanaian Stock Exchange is struggling to compete against bourses on the continent.
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Over the course of 2014, the cedi lost about a third of its value, despite government efforts to halt the decline, and threatened the stability of the country's economy. Read more »