Going forward, the research firm expects the cedi to retain a mild depreciation bias in the coming weeks. However, GoldBod’s planned US$700 million forex supply to commercial banks, together with continued BoG support and reserve accumulation, should improve market liquidity and help contain the risk of a disorderly adjustment.
Going forward, the research firm expects the cedi to retain a mild depreciation bias in the coming weeks. However, GoldBod’s planned US$700 million forex supply to commercial banks, together with continued BoG support and reserve accumulation, should improve market liquidity and help contain the risk of a disorderly adjustment.
Read the full story on MyJoyOnline
Read the full story on MyJoyOnline
Source: MyJoyOnline
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