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Cedi To Strengthen
 
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12-Mar-2018  
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The cedi is expected to firm in the days ahead, boosted by IMF signals last week that the country could receive the next disbursement under its $918 million credit programme.

The local currency, which has strengthened 1.8 per cent since January, was trading at 4.4500 at the close of last week, up from 4.4575 a week ago.

There is also anticipation of a three-year bond issue which could pull in offshore investors, boosting dollar supplies, said Raphael Adubila of Accra-based Northstar Home Finance.
 
 
 
Source: Ghanaian Times
 
 

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