Morning Note /
Global

Ghana receives its second downgrade in less than a week

  • Forex: Ghanaian cedi slump drives inflation to a multi-decade high

  • Fixed Income: Ghana dealt another blow as it receives its second credit rating downgrade in less than a week

  • Macroeconomic: Egypt’s real interest rate remains negative in July, weighing on the EGP’s carry appeal

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
11 August 2022
Published byETM Analytics

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