Cedi could hit single-digit rate soon – UMB Capital Finance Head
[Business Day Ghana - Ghana] - 3/06/2025
The Ghana Cedi could soon trade at a single-digit rate to the US dollar, according to Nelson Cudjoe Kuagbedzi, Head of Finance at UMB Capital. As of Monday, June 2, 2025, the Cedi is trading at approximately GHS10.27 to $1. His remarks come at a time when the Cedi has appreciated by over 30% (…)
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