Latest Ghana Inflation Rate the Highest in 19 Years — Economist Recommends Installation of Currency Board
Confirmation of Ghana’s latest official inflation, which is said to be the highest in 19 years, coincided with asuggesting the country’s currency, the cedi, has now depreciated by more than 30% since the beginning of the year. The currency’s depreciation has since prompted Steve Hanke — the Johns Hopkins economics professor who estimates Ghana’s real inflation rate to be two times higher — to call for the immediate installation of a currency board.
Are they printing money too?
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US is worst inflation in 40 years 9%
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