London-based Economist Intelligence Unit (EIU) has predicted that Ghana’s currency, the Cedi will end the year with a rate of 7 cedis 87 peswas against the dollar. 

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.

Eric Mawuena Egbeta reports from Accra.