A financial analyst, Joe Jackson, has attributed the current appreciation of the value of the cedi to internal and external factors.
Internally, the Chief Executive Officer of Dalex Finance praised the Gold4Oil programme for anchoring the cedi. He cited the global depreciation of the dollar due to some policies by US President, Donald Trump, as the external factor.
“The cedi is appreciating because the dollar is in trouble, ” he said on TV3’s KeyPoints on May 17.
More soon…
The post Cedi’s current performance is partly because the dollar is in trouble – Joe Jackson first appeared on 3News.
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