Tag Archives: Cedi

The Ghana Cedi hits GH12.00 to a dollar …: https://youtu.be/qG2NxTqvhm0

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 …