The Ghana cedi will hit ¢6.45 by the end of this year, according to projection by economic and finance think tank, Center for Economics Finance and Inequality Studies CEFIS’ Cedi Outlook Report. The Center is also projecting that the Ghanaian local currency will by the middle of this year hit GH¢6.24. According to the think tank, the projection is based on the fact that the expected rebound of the economy will not be strong enough to support the stability of the cedi for 2021. It argued that “the immediate effect of the covid-19 pandemic will linger beyond 2021, which will also affect the cedi’s firm stability going forward” . It also expressed worry that the cedi’s fortune will be affected by some financial commitments that government made in the run-up to the 2020 election, and that will be felt this year. This will consequently put some pressure on the Ghanaian local currency. This excess liquidity without a corresponding output, will destroy most of the gains especially the exchang