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Cedi depreciates further but maintains a firm grip on forex support

By GhanaSummary Newsroom1 min read
Cedi depreciates further but maintains a firm grip on forex support

As a result, it said it foresees volatility staying contained, with upside in US dollar/Ghana cedi likely capped near GH¢11.15 against one US dollar.

Databank Research this is broadly in line with its earlier projection where the dollar remained at range-bound, trading between GH¢11.

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