Traders to stage demo against govt in two weeks if …

A coalition of traders' groups nationwide has urgently appealed to the government to reduce the exchange rate from GHC 15.50 to GHC 10.00.

They argued that this reduction is vital for the survival and growth of small and medium-sized businesses struggling with high operational costs due to fluctuating currency values.

The high exchange rate has made imports more expensive, pushing many businesses towards closure and causing job losses. The traders believe a lower exchange rate would help businesses thrive, attract investment, and boost the economy.

They have warned of a nationwide demonstration if the government fails to act within two weeks.