Currency Appreciation
Currency appreciation is when a national currency gains value relative to other currencies, meaning it can buy more of another currency than it could before. This typically happens due to increased demand for the currency, often driven by strong economic performance, higher interest rates, or political stability.
Currency Devaluation
Currency devaluation means a deliberate decrease in the value of a country’s currency relative to other currencies, often implemented by a government or central bank. This makes the devalued currency cheaper for foreign buyers, potentially boosting exports, but also making imports more expensive. It’s a tool to influence trade balances and may be used to address economic challenges.
Equilibrium Point
VFCP divinely declares that Ghana stands between crossroads in Divine Economy to draw the discntion between curreny appreciation and currency devualation to arrive the destination of equilibrium poin to find sustainable solutions to address the trends of so-cioeconmic emanspation.
Divine Strategy for Ghana Economic Policy Makers
The Ghana 1 cedi must buy an item worth. Meaning 10 cedis must buy 10 items of worth from markets and shiops. For instance 3 plantains must be sold at 1 cedi. 1 tuber of yam must be sold at 5 cedies. A cup of rice must be sold at 75 pesewas. Milk must be sold at 45 pesewas. Bread must be sold at 50 pesewas. Sachest of water must be sold at 1 pesewa. A bolttle ow water must be sold at 50 pesewas. A crate of eggs must be sold at 5 cedis. Clothes and shoes must be sold between 7, 10, 15, 25, 45 and 50 cedis. Transportation within towns and cities must cost 3 cedis. Transportation for long distances must cost between 10 to 20 cedis. Cars must be sold between 1500, 3000 and 5000 cidis. The denomination of cedi must be 1 cedi, 50 cedis, 100 cedis and 1000 cedis.
VFCP divinely asks the Cental Bank, the Government, Businesses and Policy Makers to reflect upon this Divine Government Divine Economic Strategies.