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Cedi is currently trading at GHS16.55 per dollar at several forex bureaus

Ghana’s cedi continues its steady decline against key international currencies, including the US dollar, pound sterling, and Euro. Despite showing some stability in July amid...

Ghana’s cedi trades at GHS16.50 to dollar

Ghana’s currency continues to face challenges, with the cedi persistently losing value against key foreign currencies like the US dollar. After experiencing some stability in...

Cedi depreciation worsens amid ongoing economic challenges

Ghana’s local currency continues to face consistent depreciation against major trading currencies like the US dollar. Despite showing some stability in July, the cedi has...

Cedi depreciates by 24.3% against dollar in nine months – BoG

The Ghana cedi has depreciated by 24.3% against the US dollar on the interbank forex market as of September 2024, according to the Bank...

Ghana’s cedi falls to GHS16.18 per US dollar amid depreciation

Ghana’s cedi continues to face persistent depreciation against major global currencies, including the US dollar. After months of pressure, the cedi experienced brief stability in...

Foreign exchange from mining saving Ghana’s Cedi – Sulemanu Koney

CEO of the Ghana Chamber of Mines, Sulemanu Koney, has shared vital insights on the mining sector's crucial role in stabilizing the local currency...

Cedi poised for recovery as high interest rates, gold exports provide support

Ghana's cedi appears poised for a recovery after reaching a new low against the dollar, driven by elevated interest rates, an improved government financial...

Cedi marginally loses value by 1.21% despite reduced demand pressure

The pressure on the Ghana cedi lessened last week, yet the currency still experienced slight depreciation. It fell by 1.21% against the dollar on...

Cedi depreciation expected to slow down this week as demand pressure subsides – Reports

This week, the depreciation of the Ghana cedi is anticipated to ease as the pressure from high demand diminishes.This follows a significant intervention by...

Ghana’s debt reaches GHS761bn due to cedi depreciation – Finance Minister

Ghana’s provisional nominal central government debt reached GH¢761.1 billion (US$51.1 billion) by July 31, 2024, according to Finance Minister Dr. Mohammed Amin Adam. This...

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