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Friday, May 23, 2025

Cedi’s stability hits record high

Story: Business Desk

The local currency has surged to its strongest performance against its major trading currencies.

This is an impressive turnaround from the sharp depreciation trends seen in recent years and marks an all-time high in percentage terms

It has appreciated by 24.1% against the US dollar, 16.2% against the British Pound and 14.1% against the Euro according to the latest data by the Bank of Ghana (BoG).

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