Veteran journalist Kwesi Pratt has questioned claims of exchange rate stability, describing them as baffling given the sharp depreciation of the Ghanaian cedi in recent years.
Speaking on Metro TV's Good Morning Ghana monitored by MyNewsGH, Pratt criticized the NPP's assertion that the country's exchange rate has remained stable. "You two took over at a time when the dollar rate was 3.4 to 1 cedi.
Today, the rate is 16 cedis to a dollar, and you're telling us about exchange rate stability as if words don't mean anything. "Exchange rate stability from 3.4 to a dollar to 16 to a dollar, and we're talking about exchange rate stability?
It's just completely baffling!" he exclaimed.