The Governor of the Bank of Ghana, has refuted rumours suggesting that the central bank has been flooding the foreign exchange market with large sums of US dollars to keep the cedi afloat.
Despite the local currency’s current streak of stability—one of the longest in recent years and its recent slight appreciation against the dollar, Dr. Asiama insists there’s no secret intervention driving this trend.
In a conversation with George Wiafe on the business edition of PM Express, he credited the cedi’s performance
