Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwakye has claimed that the recent appreciation of the Cedi against the major trading currencies especially the Dollar is being deliberately orchestrated by the Bank of Ghana (BoG) in the run-up to the election. He expressed the view that the Cedi gain is not due to any improved fundamentals. "The real test will come after the election," he wrote on his X page.
https://t.co/vFKssIP5Kc.
Recent cedi appreciation is being deliberately orchestrated by BoG in the run up to the election.
It is not due to any improved fundamentals.
