Cedi will remain stable – BoG assures : vimarsana.com

Cedi will remain stable – BoG assures


Cedi will remain stable – BoG assures
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Dr Ernest Addison, BoG Govenor
The Bank of Ghana (BoG) has indicated the local currency will not lose its stability this year as has been projected by some institutions.
Reacting to currency media reports that the local currency will go through a tough hurdle this year in its competition with other major foreign currencies, the Bank of Ghana noted that it had put measures in place to help steady the local currency this year.
It said with its strong reserve position, the local currency was on a strong footing this year, particularly given the bank's forward sale of dollars and other supportive measures.

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