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Bloomberg Classifies Cedi As Worst Of “Worst Spot Returns” Of African Currencies

Bloomberg Classifies Cedi As Worst Of “Worst Spot Returns” Of African Currencies

The Ghana cedi has been classified as the worst of African currencies with the “Worst Spot Returns” by Bloomberg. Bloomberg pegs the depreciation of the cedi to the dollar at 8.86% between January 1, 2022 and February 25, 2022. It is followed by the Zambian kwacha with a depreciation of …

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