Ghana’s currency has recorded its first annual gain against the US dollar since at least 1994, buoyed by record gold prices and broad dollar weakness, according to Bloomberg data.
The cedi has appreciated about 41 percent this year, making it the strongest-performing currency among 144 tracked
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Bunmi Bailey
Bunmi holds a degree in Economics from the University of Lagos and has over eight years of experience in content writing and journalism.
Her career spans roles as a financial and business journalist at BusinessDay Media and TechCabal, and as Head of Research at SBM Intelligence, an Africa-focused market intelligence and strategic consulting firm.
She also served as Editor at Finance in Africa, a subsidiary of Businessfront and is currently Assistant Editor, Finance (Africa), at BusinessDay.