{"id":186485,"date":"2016-02-02T12:04:14","date_gmt":"2016-02-02T12:04:14","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=186485"},"modified":"2016-02-02T12:04:14","modified_gmt":"2016-02-02T12:04:14","slug":"6-ways-to-survive-weak-cedi-in-2016","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/02\/6-ways-to-survive-weak-cedi-in-2016\/","title":{"rendered":"6 ways to survive weak cedi in 2016"},"content":{"rendered":"
There have been many predictions around how the cedi will perform in 2016.<\/p>\n
Majority of them show the cedi will not perform so well.<\/p>\n
The cedi started 2016 at 3 cedis 80 pesewas on the interbank foreign exchange market and 3 cedis 83 pesewas at forex bureaus.<\/p>\n
[contextly_sidebar id=”ACfu7FyxfVM9AMhXamjHrXEjqXxWK0XG”]It is currently trading at 3 cedis 84 on the interbank market and 4 cedis 26pesewas at forex bureaus.<\/p>\n
So with the cedi\u2019s expected massive knock against the dollar and other foreign currencies later this year Ghanaians will need to find innovative ways to plan for the year to absorb any shocks from the forex markets.<\/p>\n
Citi Business News spoke to Economist Dr Ebo Turkson and CEO of Dalex Finance Ken Thompson each on three ways you can protect yourself from the cedi\u2019s unstable ways.<\/p>\n
According to Dr. Ebo Turkson you should<\/p>\n
Meanwhile CEO of Dalex Finance Ken Thompson says<\/p>\n
–<\/p>\n
By:\u00a0\u00a0 Citifmonline.com\/Ghana<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
There have been many predictions around how the cedi will perform in 2016. Majority of them show the cedi will not perform so well. The cedi started 2016 at 3 cedis 80 pesewas on the interbank foreign exchange market and 3 cedis 83 pesewas at forex bureaus. [contextly_sidebar id=”ACfu7FyxfVM9AMhXamjHrXEjqXxWK0XG”]It is currently trading at 3 cedis […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[121,32,171],"tags":[],"yoast_head":"\n