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Published 2 years ago

Ghanaian Cedi Slides Further Versus the US Dollar to Become World's Worst-Performing Currency – Economics Bitcoin News

Summary by Ground News
Ghana's currency, the cedi, recently touched a new low versus the U.S. dollar on the forex parallel market after it reportedly slipped by 12% in just four days. As Ghana waits for a financial bailout from the International Monetary Fund (IMF), the country's currency continued its slide versus the dollar. Following this latest plunge, the Cedi has now depreciated by more than 55% in 2022.

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