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Peace is really like fresh air... you will only understand its importance when something fouls the - Mahamudu Bawumia
" "Peace is really like fresh air... you will only understand its importance when something fouls the
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About Mahamudu Bawumia
Mahamudu Bawumia (born 7 October 1963) is a Ghanaian economist and former central banker who serves as the 5th Vice President of Ghana in the 4th Ghanaian Republic. He assumed office on 7 January 2017 as Vice President of Ghana. A leader is someone who inspires others, who leads by example and motivates people to be better and move forward no matter how hard the challenges might be.
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You will recall that I stated in 2014 that if the fundamentals are weak the exchange rate will expose you. That was true then and it is true now. It is 100% correct. So if the fundamentals are weak the exchange rate will expose you. But is warped logic to jump from that to a conclusion that if there is depreciation in your currency then the fundamentals must be weak. It is a very warped logic. If the fundamentals are weak, the exchange rate will expose you but if the exchange rate moves, you cannot jump to that conclusion that the fundamentals are weak. That defies logic. There could be other external factors causing the exchange rate depreciation
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