Ghana cedi outlook improves as PwC projects medium term stability
Country Senior Partner of PwC Ghana, Vish Ashiagbor, said although the cedi has come under some pressure recently, measures by the Central Bank to improve dollar liquidity have helped stabilize the currency and strengthened confidence in its outlook.
Ashiagbor also expects the Bank of Ghana to maintain its current monetary policy stance at the next Monetary Policy Committee (MPC) meeting, as it continues to assess inflation risks and the broader economic outlook.
According to him, the inflation risks highlighted by the Central Bank have already been factored into its previous decision to keep the policy rate unchanged.
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