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Trouble Looms; World Bank Drops Bad News On Ghana

The World Bank has recently send a strong message to the Ghana government regarding the Cedin to dollar rate.

The World Bank has warned that the Ghana cedi may continue to fall in value against the US dollar in 2023 if efforts are not made to reduce the country’s current account deficit to a manageable level. The World Bank’s January 2022 Global Economic Prospects report echoed this caution. “Large current account deficits are likely … Read more

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