Cedi Depreciation: BoG injects $59m into spot market to slow Cedi depreciation | Market Place

Cedi Depreciation: BoG injects $59m into spot market to slow Cedi depreciation | Market Place (21-5-24)
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[@bobbyyanks2223]

We've been talking about this Cedi weakness after 1966. No real men have emerged to "Save the Cedi" A country is developed by one personal called the LEADER

[@jonfiah5490]

This is what greed and corruption has ended us all. A country with no plan. A country that doesn't favor private businesses.

[@kingsleygyan810]

Professor let’s think outside the box with common sense, let address the fundamentals of improving our exports and limit imports. Redenominating the cedis changes nothing … the value is the same

[@PatrickPatrick-divoc]

Please just pray for the cedi 😬, l m hoarding some dollars myself , convince the government to organize fasting and prayers instead of taking concrete policy measures so by the time they are done with 6months fasting and prayer the cedis rate will be around 50 cedis so l can pay those l bought property from with cheap dollar

[@dr_success]

This isn't abt prayers,Ghana is at a good spot, this would be a good news if Ghana was a industrialized country, China intentionally weaken their currency so that their citizens enjoy as most of them export and get foreign exchange ... Seems our leaders are all greedy and clueless

[@derysylvester3180]

LAZY BOG.

[@richardgbande6866]

It wld be swallowed in weeks

[@i.kacheampong1627]

It will amount to nothing 😂😂😂

[@dr_success]

For how long will they inject USD?? The permanent solution was to make the country as an industrial one, We had so much hope in this administration but they had their own plans