London-based Economist Intelligence Unit (EIU) is expecting the cedi’s end of year rate against the dollar to hit ¢7.87 as captured in its April 13, 2022, assessment of the Ghanaian economy.
The expected depreciation of the local currency against the dollar for the next eight months of this year, according to the EIU will be influenced by the import structure of the economy and some actions of the offshore investors in Ghana’s bonds.
The EIU also adjusted its average end of year depreciation from ¢6.55 to ¢7.35.
<div><img width="300" height="271" src="https://www.naijanews.com/wp-content/uploads/2023/09/F5sOh-CX0AAqIit-300x271.jpeg" class="attachment-medium size-medium wp-post-image" alt="Breaking: Enugu Rangers Emerge NPFL Champions" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2023/09/F5sOh-CX0AAqIit-300x271.jpeg 300w, https://www.naijanews.com/wp-content/uploads/2023/09/F5sOh-CX0AAqIit.jpeg 574w" sizes="(max-width: 300px) 100vw, 300px" /></div>
<p>Rivers United’s technical adviser, Finidi George, said his challenge to the referee’s decision to interrupt their NPFL game for crowd-related issues during his team’s 1-1 draw with Plateau United led to his dismissal. After he was shown a red card in front of Rivers United’s home fans at the Adokiye Amiesimaka Stadium on Monday, Finidi […]</p>
<p>The post <a href="https://www.naijanews.com/2024/12/31/npfl-updates-finidi-reflects-on-red-card-ideye-celebrates-npfl-return-others/">NPFL Updates: Finidi Reflects On Red Card, Ideye Celebrates NPFL Return, Others</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>