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A dollar going for GHS12.00 at forex, GHS10.98 on BoG interbank

The Bank of Ghana's interbank forex rates for today, May 29, 2023, show that the Ghana Cedi is trading versus the dollar at a...

Business

A dollar goes for GHS12.00, GH¢10.78 on BoG interbank

The Bank of Ghana's interbank forex rates for today, May 26, 2023, show that the Ghana Cedi is trading versus the dollar at a...

Business

Cedi world’s top-performing currency against the dollar

In recent months, the Ghanaian cedi has emerged as the top-performing currency worldwide against the US dollar, exhibiting a remarkable 33% increase since November. This...

Business

$1 sells at GHS12.00 to , GHS10.96 on BoG interbank as of May 10

Today, May 10, 2023, the Ghana Cedi is trading against the dollar at a purchasing price of 10.9493 and a selling price of 10.9603,...

Business

Cedi will depreciate against the dollar by 30% – EIU projects

The cedi will lose 30% of its value against the dollar in 2023, according to the Economist Intelligence Unit (EIU). However, this is less severe...

Business

Cedi is still strong, despite having weak fundamentals

The cedi remains relatively strong despite weak economic fundamentals, says market observers GCB Capital and Constant Capital. Although the local unit has lost 4.4 percent...

Business

Ghana misses restructuring target, Bloomberg says

Ghana's local currency, cedi, the second-worst performing currency in the world this year, is doomed to further suffering after the nation missed a deadline it...

News

Cedi ranked 2nd weakest currency in Africa, 4th worst globally at end of 2022

With a year-to-date loss of 38.86% against the US dollar, the Ghana Cedi finished 2022 as the second-weakest currency on the African continent, according...

Business

Depreciation rates of cedi for 2022

Even though it occasionally became highly volatile, the cedi over time was competitive with other major trading currencies, especially the US dollar. The cedi was...

Business

Another historic accomplishment is about to occur – Annoh-Dompreh

The cedi has gained value recently when compared to other major trading currencies, particularly the US dollar. Frank Annoh-Dompreh, a member of parliament for Nsawam-Adoagyiri,...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia