The Ghana Used Clothing Dealers Association has reduced prices of second-hand clothing goods by 30% to customers to facilitate easy buying and selling with the current positive change in the value of the cedi.
The Association has acknowledged the outstanding effort by Government and the Bank of Ghana (BoG) in stabilizing the value of the Cedi.
In a press release signed by its Chairman, Jeffren Boakye Abrokwah, the association encouraged Government to continue to implement measures that would help the appreciation of the cedi and bring relief into the business communities in Ghana.
“We send our regards and encourage the Government to continue to implement measures that will help the appreciation of the cedi and bring relief into the business communities in Ghana,” he stated.
They appealed to the public and members in the second-hand clothing business, to adjust their prices accordingly for consumers to have a positive feel of the trend.
Jeffren Boakye Abrokwah, intimated, “We hope that the government will continue with the positive energy in stabilizing the value of the cedi as it appreciates and we believe that the economic stability will be maintained with their immense effort.”