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Tag Archives: 30% depreciation of the cedi

EIU predicts 30% Cedi depreciation to dollar in 2023

In its 2023 Country Report on Ghana, the UK-based Economist Intelligence Unit (EIU) has predicted a 30% depreciation of the cedi to the dollar, which is lower than the estimated 44% depreciation of the local currency in 2022 but still a significant decline from current levels. “We now expect the currency …

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