Kwame A. Plus, a political and social expert, predicts that the cedi’s position versus the dollar will continue to improve significantly.
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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 A Plus 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.
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Source: DKlassgh.com
