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Business News of Thursday, 5 July 2018

Source: bbc.com

BBC pidgin: Ghana cedi dey fall like 'mango' against US Dollar

Ghana cedi recorded low on emerging markets pressure Ghana cedi recorded low on emerging markets pressure

Di Ghana cedi dey fall ground like 'mango' against di US Dollars after e drop catch at Gh¢4.85 to one dollar.

Di cedi which start dey fall around May reach all time low under di Akufo-Addo government.

Minority for Parliament caution government say make dem hold di cedi soon else e fit drop further pass Gh¢5.1 to one dollar.

Businesses start dey panic sake of di fear say di depreciation price of goods den services like housing, fuel prices, imports like food den spare parts go go up as s dem dey exchange cedi for dollar.

Meanwhile Minority say make Vice President Dr Bawumia lock di cedi like he claim last year.