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Government to inject $900 million into economy to stabilize cedi

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The Minister of Finance, Ken Ofori-Atta is confident the cedi will bounce back in the next couple of weeks.

Speaking to newsmen in Parliament, he said the situation is as a result of heavy demand on the dollar.

He said there will be a culminative injection of about nine hundred million dollars ($900 million) from COCOBOD into the economy next month (April) as well as some other financial interventions which are in the offing to stabilise the cedi.

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