Tag Archives: Cedi’s drastic appreciation won’t be good for economy – Expert

Economist, Prof. Eric Osei Assibey has observed that a drastic appreciation of the cedi – which is highly doubtful — won’t benefit the local economy. Prof. Assibey explained that, should the cedi appreciate from its current GH¢5.51 against its major trading partner, the dollar to GH¢1 to $1, it would be detrimental to the country’s export revenue. Speaking on JoyNews’ ...

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