Tag: cedi devaluation
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Economy to suffer over ‘swift’ cedi devaluation – Dr. Turkson
Economist, Dr. Ebo Turkson has advised that Ghana delays any attempt to devalue the cedi until such a time that the country develops capacity to grow its exports. He argues that the country risks distorting its balance of trade eventually due to the possibility of excess imports compared to exports. Even though Dr. Turkson admitted…