Debt-Ridden Ghana’s Currency Posts World’s Biggest Gain Against US Dollar

Ghana’s currency took the title of the world’s best performer against the dollar this week amid optimism the debt-distressed country is moving closer to unlocking an International Monetary Fund bailout. 

The cedi has rallied 10% in the past five days, the biggest advance among about 150 currencies tracked by Bloomberg. That’s a turnaround for an exchange rate that had lost half of its value this year and occupied the bottom slot in the charts. 

Read more…

Request a Call Back

Contact Info