President John Mahama has forecast that the Ghanaian cedi will stabilize between GH¢10 and GH¢12 to the US dollar.
The President made this projection during a meeting with the Federation of Associations of Ghanaian Exporters (FAGE). He described this range as a realistic balance that supports exporters, importers, and overall economic stability.
He explained that the government’s position – shaped by consultations with the Finance Ministry and the Bank of Ghana – reflects a realistic view of the market. Recent foreign exchange auctions have already pushed the cedi above the GH¢10 mark, an indicator, he said, of a stabilising trajectory.
