Cedi records mixed performance; going for GH¢12.10 against dollar at forex bureaus
Despite earlier strong central bank support, the cedi did not break through GH¢11.
In the interbank market, the cedi weakened against the major currencies, with the US dollar Ghana cedi mid-rate rising 1.
Under the Ghana Accelerated National Reserve Accumulation Policy (GANRAP), we expect the central bank to focus on reserve accumulation while smoothing seasonal FX volatility to support longer-term stability”, it added.
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