To tackle the persistent depreciation of the Cedi, the Movement for Change has recommended to the government to tighten forex regulations.
This includes the temporary suspension of Forex Bureau operations to curb speculation.
The group stressed that there is a need for urgent action by the government to address the economic situation including the woes of the local currency.
At a press conference held at the headquarters of the Movement for Change, the Spokesperson of the Movement, Lawyer Andrew Appiah Danquah said "The free fall of the cedi is not accidental; it is a result of weak regulatory oversight.