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Cedi Weakens Against Major Currencies as Euro Records Biggest Weekly Gain
The Ghanaian cedi has weakened against major trading currencies, with the euro recording its largest weekly increase in the period. The depreciation directly raises operating costs for technology firms with USD- or EUR-denominated expenses or funding obligations, though separate reporting notes that the cedi maintains some forex support.
2 sources
- Cedi weakens against major trading currencies, Euro records biggest weekly increase · myjoyonline.com · T3
- Cedi depreciates further but maintains a firm grip on forex support · myjoyonline.com · T3