Cedi weakens similarly in opposition to primary currencies as demand for overseas change rises.
The Ghana cedi has endured to depreciate in opposition to essential buying and selling currencies over the previous two weeks, with rising demand for overseas alternate and developing company repatriation wishes intensifying strain on the nearby currency. The cedi, in accordance to the cutting-edge market update, weakened in each the interbank and retail overseas trade markets, with analysts attributing the depreciation to heightened demand for US greenbacks amid reasonable overseas alternate supply. The cedi traded at GHS 11.85 to the US dollar, down from GHS 11.63 recorded in the preceding overview duration in…