Protect your savings! USDT or GHS: which is the smarter choice for Ghanaians in today's economy? Uncover the pros, cons, and which option can help you hedge against inflation. #Ghana #Economy #USDT #GHS #Savings
Nice video but I have a question. So apart from holding GHC in USDT, you can create a dollar account and save in dollars. My question is, what are some of the banks you can open a dollar account with?
Brother it is so much about Demand and Supply. How many of the things we need, do we not import? Everything. Take Fufu and Soup, for example, apart from salt, and maybe, Casava, we import almost everything. Now with the value of the cedi, in 2007 we devauled the Cedi from 9700 old Cedis to 1 Dollar to 10,000 old Cedis; and took off four zeros making it 1 cedi to 1 Dollar. And so our cedi did not gain any strength because of, maybe, we earning more dollars and thereby strengthening our Dollar Reserves or we reducing our imports. It was just on paper.
