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HomeBusinessEconomyGhana’s Cedi Hits Record Low Against US Dollar Amid Cocoa Output Decline

Ghana’s Cedi Hits Record Low Against US Dollar Amid Cocoa Output Decline



Terence Zimwara

The Ghanaian cedi recently plunged to a record low, trading at GHS 14.9335 against the U.S. dollar, which led to its designation as the fourth-worst-performing currency globally. Additionally, a decline in cocoa production has further complicated matters for the cedi, a currency previously ranked as the world’s worst-performing during the last quarter of 2022. Cedi […]



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