Director of Communications for the New Patriotic Party (NPP), Richard Ahiagbah, the is encouraging Ghanaians to seriously consider Vice President Dr. Mahamudu Bawumia as a candidate for the upcoming December 2024 presidential elections.
Ahiagbah emphasised Bawumia’s capacity to stabilise the Ghanaian cedi, highlighting his strategy to leverage the nation’s natural resources, particularly gold, to support the currency.
Ahiagbah expressed strong confidence in Bawumia’s leadership abilities to steer Ghana towards economic stability.
“Be Bold with Bawumia. He will use our gold to back the cedi to make it stable. This is a Bold solution to stabilize the cedi.
“Depreciation will be a thing of the past because the cedi will be sufficiently stable under Bawumia. I pledge to be bold with Bawumia. Have you?” he said in a Twitter post on April 16, 2024.
As of April 16, 2024, the Bank of Ghana’s Interbank forex rates indicate that the Ghana Cedi is valued at 12.9907 when buying and 13.0037 when selling against the dollar.
Meanwhile, in Accra’s Forex bureau, the dollar is being purchased at a rate of 13.35 and sold at 13.65.
Regarding the Pound Sterling, the Cedi’s exchange rate stands at 16.1942 for buying and 16.2117 for selling.