Tag Archives: Cedis

Ghana’s cedi slumped to the world’s worst-performing currency to the dollar as wait-and-see investors continued to squeeze foreign capital to the west African country before its deal with the International Monetary Fund. The currency of the world’s second-biggest cocoa producer depreciated 2% on Monday to 11.2625 per dollar, taking its …

The Ghana cedi has breached the ¢12 to the dollar mark within just a week, selling at ¢12.10 at most forex bureaus or the retail market. A visit by Joy Business to some forex bureaus indicates that most of the operators are selling the dollar for more than ¢12. They …