The Speaker of Parliament, Alban Kingsford Sumana Bagbin, has praised the government for its dedicated efforts in stabilising the national currency, acknowledging the cedi's recent marginal appreciation against the US dollar and other international currencies.
According to Speaker Bagbin, the recent appreciation of the cedi and its continued stability offer significant relief, especially in light of its poor performance in previous years.
He described the development as encouraging, noting that it creates an opportunity for traders to review and potentially reduce the prices of goods and services. "It is a big relief as the Ghana cedi is surging in value against almost all other currencies in the world and becoming competitive again.
It is refreshing that cross-border traders are already saving on the upward surge in the value.
