Cedi to strengthen further this week - Reuters report

The Ghana cedi is expected to strengthen next week. This is due to ongoing remittance inflows and central bank interventions. Traders believe Kenya's shilling will remain steady. They also expect Nigeria's naira to stay within a range.

GHANA

The cedi has risen over 40% against the U.S. dollar this year. It has outperformed other African and emerging market currencies.

On Thursday, the cedi traded at 10.25 per dollar. Last week, it closed at