The Ghana cedi has lost steam after months of strong gains, hit by rising demand for dollars from importers and limited supply from the Bank of Ghana.
Less than five months ago, Bloomberg crowned the cedi the world's best-performing currency after it rallied 16 percent against the US dollar in the first half of the year, boosted by gold prices and easing inflation.
But in the third quarter, the cedi has slipped 13 percent, Bloomberg data show, making it the worst performer globally.
The losses outpaced currencies such as the Argentine peso (-11.5%), Botswana pula (-7.7%), and Ethiopian birr (-4.1%).
