Currency Analyst, Collins Appiah, asserts that the government will not passively watch as the Ghanaian cedi reaches GH¢18 against the US dollar.

Various financial experts have forecasted that the Ghanaian cedi could range from GH¢16 to GH¢18 against the dollar.

Banking Consultant Dr. Richmond Atuahene, in an interview on GHOne TV, disagreed with Bloomberg's prediction of the cedi reaching GH¢16 to the dollar, suggesting it could be even higher.

He suggested that Ghanaians should brace themselves for the cedi hitting GH¢18 against the US dollar.

However, during an appearance on Morning Starr with Francis Abban, Mr Appiah expressed skepticism, stating, “I am not sure the government will allow that to happen, they will not allow because as an analyst, trust me, we are in an election year. The government will want to do whatever they can to maintain some level of stability to able to go into the elections.

“Yes, when it get to this year, you also get to a lot of frustrations. But if you give yourself within six months. They will still try and do something to seem okay for us to get to the elections,” Mr. Appiah stated.