Cedi loses ground to 3 currencies
The cedi lost grounds to the three major international currencies in the week ending February 24.Despite coming under pressure, the greenback appreciated by 2.88 per cent against the Ghana cedi. The local currency closed trading at GH¢4.44, representing a year-to-date depreciation of 5.71 per cent. The Euro, which stood on the defensive in the earlier trading sessions of the…