Despite the Ghana cedi's recent appreciation, business leaders say price reductions won't happen immediately.
The Association of Ghana Industries (AGI) and the Ghana National Chamber of Commerce and Industry (GNCCI) explain that many traders are still selling stock acquired at higher exchange rates.
AGI CEO Seth Twum-Akwaboah welcomed the cedi's strength as a sign of economic stability but cautioned, "Eventually it should impact pricing.
The question now is the timing-one will have to be a bit cautious." He added that pricing is influenced by multiple factors, not just exchange rates.
