Audio By Carbonatix
The Ghana cedi could start depreciating again if Government does not quickly reach an agreement with the IMF.
That is the warning coming from rating agency FITCH.
The Ghana cedi, early this year recorded one of its worst depreciations since its re-denomination.
Speaking to investors across the world, from London, Director at FITCH, Carmen Altenkrich explained why the cedi could once again come under pressure.
According to her, there is increasing investor jitteriness and investors cannot wait longer than the January 2015 deadline as the potential starting point for the programme outlined by President Mahama.
If Government fails to quickly reach a programme with IMF whilst the year progresses, it will definitely affect the currency, she noted.
Listen to Carmen Altenkrich
Latest Stories
-
Salaga South MP calls for unity and peace at Kulaw 2025 Youth Homecoming
33 minutes -
GPL 2025/2026: Gold Stars triumph over Dreams in five-goal thriller
1 hour -
Ibrahim Mahama supports disability groups with Christmas donation
1 hour -
2025/26 GPL: Berekum Chelsea come from behind to beat XI Wonders 3-1
1 hour -
NACOC dismantles drug dens in Eastern and Greater Accra regions in ‘Operation White Ember’
2 hours -
GPL 2025/26: Aduana fight from two goals down to draw against Young ApostlesÂ
2 hours -
Emmanuel Dzivenu: The ‘stolen’ birthday
2 hours -
ECG announces technical challenge with MMS-compliant meters; says it’s being fixed
2 hours -
Less than 1% renewables: Dr. Richard Obeng Mensah calls for legal and policy reset
3 hours -
Galamsey operator sentenced for slashing student with bladeÂ
4 hours -
Creative Canvas 2025: Black Sherif — The cultural storyteller
4 hours -
PassionAir female pilot shares inspiring journey into aviation
4 hours -
Only shortlisted teachers with index numbers eligible for GES promotion exams
5 hours -
Sam George warns Ghanaians against assisting illegal acquisition of citizenship
5 hours -
Three injured as firefighters rescue 26 passengers after multi-vehicle crash near Kintampo Waterfalls
5 hours