The Ghanaian cedi has emerged as the worst performing currency in the world after it lost 45.1 percent of its value to the US dollar this year.
The economic woes and spiraling inflation in the West African countryhundreds of citizens to take to the streets to demonstrate against price hikes, a tax on electronic payments, and other levies.
Bloomberg said Ghana is hoping to receive up to $3 billion in loans for over three years under the IMF arrangement to spur its finances and support the balance of payments.Apart from the Ghanaian cedi, other African currencies that have depreciated rapidly against the greenback in recent months include
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