Cedi: Our objective is to ensure that the volatilities are not excessive – BoG Governor

Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama has said that it is normal for the Cedi to occasionally experience short-term depreciation. He mentioned that a number of factors, such as speculation and noise in the market, affect the behaviour of the local currency. “What we have is a managed floating system, […]

Cedi: Our objective is to ensure that the volatilities are not excessive – BoG Governor
Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama has said that it is normal for the Cedi to occasionally experience short-term depreciation. He mentioned that a number of factors, such as speculation and noise in the market, affect the behaviour of the local currency. “What we have is a managed floating system, […]

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