Ghanaians are not enthused about what the local currency has been reduced to.

The value of the cedi has seen a downward spiral against many foreign currencies, especially the dollar in the past few months.

On Monday, findings by Bloomberg placed the cedis as the worst-performing currency against the US dollar.

The report attributed the situation partly to the wait-and-see approach adopted by some investors.

The cedi also lost 9.03% in value to the US dollar last week (October 10-October 14, 2022).

A section of the public took to social media to air their grievance about the development.

Many are also wondering how the governance-troubled Sri Lanka, which topped the worst currency performance table, managed to surpass Ghana.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.