…current appreciation unsustainableAs the Ghana cedi begins to appreciate against the US dollar, some market analysts are skeptical the currency can hold its ground, forecasting it to close the year at 4 Ghana cedis 41 pesewas to a dollar. More alarming, FucusEconomics Consensus, a leading provider of economic forecasts for over 127 economies across the globe, are predicting that the currency will reach 4 Ghana cedis 98 pesewas to a dollar next year. The group expects the Monetary Policy Rate to end this year at 22.14 percent, while it predicts the policy rate for 2016 to end at 20.17 percent. In July, the cedi rebounded significantly against the US dollar, breaking the depreciating trend that began in January of this year. The cedi, in the latter part of August hit GHS4.50 but began to gain some strength at the beginning of September reaching GHS3.65.