The Appreciating Cedi: How to Strengthen the Cedi Long Term

Further to our presentations and working papers on developments within Ghana’s economy and the current liquidity challenges facing it, the Ghana Growth and Development Platform (GGDP), has released a new paper to explain the recent developments in forex market.  We provide an analysis of the determinants of the Cedi’s recent appreciation against the US Dollar and other major currencies, and what the country’s policymakers can do in the medium to long term to strengthen the local currency.

Download paper here

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