Ghana’s Cedi Hits Record Low Against US Dollar Amid Cocoa Output Decline
Submitted by Anonymous (not verified) on Wed, 06/12/2024 - 19:50
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 […]