Ghana cedis: Google regrets the "glitch" that ravaged the Ghanaian currency



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According to Bloomberg, it fell to an all-time low against the dollar in February and depreciated by 8.6% this year – the most among more than 140 currencies tracked by the financial news agency.

However, Ghanaians who checked Google's conversion rates on March 15 found that the cedi was trading at a rate of 22.72 per US dollar, an increase of more than 300 percent the day before.

This figure was the result of a search engine error and not a catastrophic financial crash.

Google explained the mistake in a letter to the Ghana Ministry of Finance, which the latter published in a press release on Wednesday.

"We are aware of the problem of inaccurate conversions for the Ghanaian currency on Friday, March 15. This is due to a small problem that was quickly resolved," said Titi Akinsanmi, head of public policy and government relations at Google. Africa.

"Our goal is always to provide people with the most relevant and useful information to help them make the right decisions, but sometimes there are temporary problems that can lead people to unwanted experiences like last Friday. Was regrettable, "added Akinsanmi.

The Ministry of Finance also noted in the statement that Nigeria and Pakistan had suffered similar errors in presenting their monetary values ​​this year.

A Google spokesperson did not dispute the department's account but pointed out that the error had been corrected in one hour. The spokesman added that the problem in Nigeria had been resolved even more quickly.

March 22, the software of Google gave a rate of 5.23 cedis for one US dollar.

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