Ghana Cedi Plummets 9.5% Against USD
The Ghanaian currency, Cedi (GHS), has depreciated by 9.5% against the US Dollar (USD) as of recent data. This significant drop is according to a report from modernghana.com.
While the exact reasons for this depreciation are not specified in the source, it is clear that it has had an impact on Ghana's economy. The country has been experiencing economic challenges, and this decline in the value of its currency is likely exacerbating these issues.