The Faded “1 Ghana Cedi = 1 USD” Abracadabra Magic and the Mess in African Currency System

Poor Ghana: it made 1 Cedi = 1 USD a few years ago hoping that abracadabra magical algebra makes sense in global economics/currency: “In the report, the worst-performing currencies in the African region since the beginning of the year 2022, include Ghana with a depreciation rate of 60 percent, South Sudan with 50.8 percent, Sudan … Continue reading The Faded “1 Ghana Cedi = 1 USD” Abracadabra Magic and the Mess in African Currency System