The real value of the cedi lies between 10 and 12 to the US dollar – President Mahama

President John Dramani Mahama has assure the business community that his government will manage the economy more prudently to make sure that investors benefit and not lose their capital.

According to the President, the economy is responding positively to the 2025 budget and that has shown in the cedi’s appreciation of the cedi.

President while addressing the business community said there must be a fair balance to try and achieve the true value of the cedi because if the dollar falls significantly it will affect the export business in the country.

“I hear people say the dollar will drop to 4 but we know the true value of the cedi is not 4 so when it comes down to 4 it will kill all the export business in the country.”

“My discussions with BOG Governor and Finance Minister revealed the real value of the cedi lies between 10 and 12 to the US dollar,” president John Dramani Mahama said.

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