And in Accra, Ghana, I was bargaining foramask and thoughtthe shopkeeperwouldburst into tears becauseI had no morecedis (heacceptedmyfinalofferofevery bill I had).
The external value of the local currency, the cedi, has dropped precipitously from 1.4 cedis to the dollar in January 2.2 cedis to the dollar in July -- a drop of 57% in terms of the local currency.