@gyaigyimii A great country like the U.S. shuts down govt business for 3 weeks , the dollar ripples globally.
Meanwhile, Ghana injects billions of dollars and tonnes of gold into the market just to gain a slight boost, then calls it a victory. Myopic economics.
@gyaigyimii ..and costly.The government can’t fool everyone with numbers.
The real economy is what Adjoa Mansa, a teacher unpaid for 13 months, is living through.
We refuse to be impressed by a short lived exchange rate.Our lives and dignity shouldn’t be footnotes in a forex press release.
@gyaigyimii Maybe learn from the Zambian Kwacha, CFA, Gambian Dalasi, Yen, and Swiss Franc all appreciated without burning billions or watching citizens protest for unpaid salaries.Since 2022, BoG has pumped $7.4 billion into FX markets to “defend” the cedi.Yet gains are minor, fleeting …