The dramatic weakening of Ghana’s cedi has been driven by a decline in investor sentiment, and does not reflect a deterioration in underlying macro fundamentals. Given strong growth and supportive commodity prices, we expect that sentiment will turn and that the currency will firm up later this year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services