Cedi’s sharp appreciation may undermine gains from upcoming cocoa price hike – COCOBOD
[Joy Online - Ghana] - 6/06/2025
Speaking on PM Express Business Edition, the Chief Executive of COCOBOD, Dr. Randy Abbey, acknowledged that while the price per ton is set to rise substantially in dollar terms, the relative strength of the cedi could dampen the expected benefits for cocoa farmers when converted to local currency.
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