Bank of Ghana hopeful Cedi will stabilize in 2017

The Second Deputy Governor of the Bank of Ghana, Dr Johnson Asiama says the Bank is hopeful that the Cedis will continue to hold itself against other trading currencies this year. 

He noted that there will not be a return of the extreme volatility experienced in the past because the macro indicators are aligning well and the assurances from the 2017 budget puts the country on track of attaining a stable exchange rate going forward. 

Dr. Johnson Asiama stated this at the Public Accounts Committee sitting in Parliament.

GBC