Vice President of IMANI Africa Kofi Bentil has said that the Cedi is appreciating also because Ghana have gold reserves which were accumulated since the last Akufo-Addo government.
He notes that the Mahama administration has also added to the gold reserves, but a check of the numbers will reveal that most of what was purchased by the Mahama government has been sold for forex which has been pushed into the system and its shoring up the cedi.