Kwame A-Plus
Kwame A-Plus

Kwame A. Plus, a political and social expert, predicts that the cedi's position versus the dollar will continue to improve significantly.

On the interbank foreign exchange market, the Ghana cedi was trading against the US dollar as of Friday, December 16, 2022, with a buying price of GH 9.00 and a selling price of GH 8.0055.

Since then, the situation has forced to forecast that the local currency is expected to continue to gain over the next several days.

“The dollar is singing I fall for you down flat to the cedi. By Monday, it will be 5 cedis to a dollar. Things are getting better,” he wrote as caption to the Bank of Ghana exchange rates on Instagram.