Home / GENERAL NEWS / Pastor Mensah Otabil’s 2014 ‘prophecy’ on the cedi against dollar hitting 10

Pastor Mensah Otabil’s 2014 ‘prophecy’ on the cedi against dollar hitting 10

As of March 16, 2022, the trading rate of the U. S. dollar as against the Ghana Cedi was GH¢8.12.

There are already great fears that now that the country’s currency has finally ‘broken the 8,’ it could soon just hit the GH¢10 mark.

Should that happen, it could just be a confirmation of a 2014 ‘prophecy’ made by the Head Pastor of the International Central Gospel Church (ICGC), Pastor Dr. Mensah Otabil.

Speaking at the annual “Festival of Ideas” in 2014, the famous motivational pastor and preacher expressed fears that Ghana’s currency could soon fall to as low as GH¢10 to the dollar.

“That scenario of 10 to 1 is a possibility. It can. I don’t wish it, I don’t expect it, I don’t pray for it,” he said.

He added that “things could get worse” and that Ghanaians should brace themselves up.

He said that inasmuch he wished prayers could save the local currency from losing further value against the dollar and other major currencies of international trade, “… the cedi has a very peculiar mind of its own.”

Meanwhile, the prices of fuel at the pumps are currently at GH¢9.7, with a few fuel stations such as Total, selling the product at GH¢10.08 and over.

Diesel has already passed the GH¢10 mark, with prices of foodstuff and other everyday commodities also being affected by this new development.

Source: www.ghanaweb.com

About Elvis Anokye

Check Also

Seychelles Honours Asantehene Prempeh I…100 Years After Exile

  To commemorate 100 years of the return to Kumasi of Asante King Nana Agyeman …

ABOABO YOUTH THREATEN MASSIVE PROTEST AGAINST GOV’T OVER ATTEMPTED ILLEGAL MINING IN FOREST RESERVE

  In a bold move, the youth of Aboabo, a farming community in the Bibiani-Anhwiaso-Bekwai …