According to the Dalex Finance CEO,
the overvalued cedi made Ghanaian exports expensive and non-competitive, while imports were relatively cheap.
Speaking at the CIMG - hosted event, Ken Thompson engaged in a hypothetical conversation with the Finance Minister, Ken Ofori - Atta where he sought to show that the
cedi was
overvalued using the Big Mac Index — published by The Economist to measure purchasing power parity (PPP) between two currencies.