18
Jan
The President of the Ghana Union of Traders Associations (GUTA), Joseph Obeng has predicted that the cedi will see a further depreciation till the end of January. He said the current depreciation of the cedi can be blamed on repatriation of the dollar to China by Chinese resident in Ghana, He said, at this time of the year, these Chinese return to their home country for holidays. Speaking in an interview on Joy FM’s Top Story on Tuesday, Mr Obeng explained that the situation would persist till the repatriation of the dollar is contained. “Until we have a permanent solution…