Amin Adam questions cedi’s value despite alleged US$1.2bn forex intervention
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Dr. Mohammed Amin Adam has raised questions about the value of the cedi. He is a former Finance Minister and a ranking member of the Parliament’s Finance Committee. The official argued that the cedi remains weak despite government interventions. These interventions allegedly involved injecting billions of dollars into the market. He questioned the overall impact of these foreign exchange actions.
Former Finance Minister and Ranking Member of Parliament’s Finance Committee, Dr Mohammed Amin Adam, has questioned the impact of the government’s foreign exchange interventions, arguing that the cedi remains weak despite billions of dollars being injected into the market.