The performance of the cedi against major trading currencies was a major campaign issue with both the NPP and NDC trying to topple the other with claims for and against the performance of the cedi.
ADVERTISEMENT
"Current depreciation of the cedi is because of bad leadership" - Nana Addo in 2016
Social media has gone berserk with a snapshot of a tweet made by President Nana Addo Dankwa Akufo-Addo on May 4, 2016, on the depreciation of the cedi prior to the general elections.
Nana Addo
Recommended articles
The cedi traded at GH¢3.23 to US$1 in January but trades at GH¢4.32 to US$1 as of the end of June 2015.
The cedi was GH¢4.9 to £1 in January but reached GH¢6.9 in June, while GH¢3.7 was exchanged for one euro in January but traded at GH¢4.8 to one euro by June 2015.
ADVERTISEMENT
Nana Addo in a tweet on May 4, 2016, said "The current depreciation of the Ghana Cedi against the Dollar is because of BAD leadership. We should not be where we are to buy the dollar for 3.72. Vote For Change #Change Now".
Tweet by Nana Addo in 2016
Pulse Ghana
Since the photo of the tweet by Nana Addo surfaced online, some Ghanaians are mocking him.
Today, March 15, 2019, Ghanaians are currently buying the dollar for GH¢5.75 under the government of the NPP and President Nana Addo Dankwa Akufo-Addo in charge of the country.
ADVERTISEMENT
Here are some comments by Ghanaians on social media on the cedi depreciation.
ADVERTISEMENT
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.com.gh
Recommended articles
60 E-blocks finished; 15 more near completion – Majority
Ghana requires no further adjustments - Abebe Selassie
UENR applauds IGP Dampare's intervention after attack on students and lecturers
"If I were President, I'd be asking some serious questions" - Mahama
Bawumia vows reconstruction of fire-ravaged Madina Market
Government committed to establishing Ghana as a bilingual state – Akufo-Addo
Train accident photo posted on my social media pages is a photoshop - Peter Amewu
Court jails truck driver 6 months for causing Ghana's brand-new train accident
