Tag: Depreciation of the cedi
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IMF exit conditions caused exchange rate spikes in March – Bawumia
Vice President, Dr. Mahammadu Bawumia has blamed the depreciation of the cedi the country experienced in March 2019 on some of the exit conditions by the International Monetary Fund (IMF) programme. According to him, the Bank of Ghana had to implement reforms to ensure an increase in the country’s international reserves in a bid to end…