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We have lost 20% of our capital – GUTA President –

We have lost 20% of our capital – GUTA President –
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IMF Programme Partly Blamable For Decline Of Cedi - Prof Bokpin Explains

IMF Program Cited as Factor in Ghana Cedi s Decline

Professor Godfred Bokpin, an economist and finance expert, has attributed part of the Cedi's depreciation to the International Monetary Fund's (IMF) programme with Ghana. He said that under the IMF programme, the Central Bank was barred from intervening in the currency exchange market when the Cedi fell against major trading…

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