Connect with us

Entertainment

1 Dollar Will Be GH¢20 By December – Kwaw Kese Predicts

Published

on


Ghanaian rapper Kwaw Kese has waded into the Ghanaian currency debacle.

Kwaw Kese

The outspoken rapper has made a prediction on how the Ghana cedi will be faring against the dollar by the end 2022.

Financial media company, Bloomberg has declared the cedi as the worst performing currency against the US dollar among the close to 150 currencies being monitored by them.

According to a Joy News report two days ago, some forex bureaus in the country were selling the dollar at Gh¢14.50.

The cedi has lost 52% of its value this year according to Bloomberg, depreciating at a rate of 9.5%, an all time high in 22 years.

He predicted that the currency will be trading at GH¢20 to a dollar by the end of this year.

Copyright © 2020-GhanaFeed.Com-Ghana News, Breaking News, Original Reporting, News Analysis and Fearless Journalism.
GhanaFeed.Com is an independent news media providing original and unbiased online news reporting and news analysis. Our mission is to provide excellent fearless journalist. Through our team of trained journalists, we report on what you care about, break big stories that hold major institutions and political structures accountable for their actions, and expose injustices that change people's lives.