announcement recently that it was injecting $2 billion into the country's foreign exchange reserves to shore up the local currency, long queues began forming in front of some forex bureaux in parts of Accra, to dispose of dollars in exchange for cedis.
The fear of losing money from keeping a weakening dollar drove people to sell off their Green back and make some profit as its value began to record a fall.
Since government announced that it will put up a consortium to raise some $2 billion to arrest the falling cedi after the March 18-20 Peduase crunch Cabinet meeting, a dollar, which cost GHC8.50 last week; the value has now plummeted to about GH 710 in some parts of Accra.
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