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Tag Archives: Bonds

Distressed Bonds Knock Cedi

Distressed Bonds Knock Cedi THE LOCAL currency sank to as low as 6.253 the previous week, from 6.189 at the preceding week’s close, as Ghana’s dollar-denominated bonds dropped further into distressed territory. According to AZA Finance, Africa’s largest non-bank currency broker by trading volume at over $1 billion annually, thirteen …

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