Cedi To Close Year Stable
The Ghanaian cedi is expected to remain stable, driven by an influx of foreign exchange from increased tourism, recent IMF disbursements, and the conclusion of peaceful general elections. Over the….
Tag: CEDI
Cedi Rate Shoots Up, Selling At GH¢17.20 To US$1
Ghana’s local currency continues to experience persistent depreciation against major trading currencies such as the US dollar. The cedi which was under pressure throughout the year, recorded relative stability in….
BoG Assures Of Cedi’s Resilience Amid Rising FX Demand
The Bank of Ghana (BoG) has assured that it is implementing proactive measures to strengthen its foreign reserves in response to the ongoing depreciation of the cedi against major currencies. With the….
Cedi Will Appreciate Soon With Sufficient Buffers – BoG Governor
The Bank of Ghana (BoG) has affirmed that it is increasing its reserves to prevent the cedi’s depreciation against major foreign currencies as demand for forex is expected to rise during the….
Cedi Lost 24.3% To Dollar In Nine Months Of 2024 – BoG
The Ghana cedi lost 24.3% to the US dollar on the interbank forex market as of September 2024, the Bank of Ghana has revealed in its Summary of Economic and….
Cedi Projected To Stabilise Amid U.S. Federal Rate Cut Speculation
The Ghanaian Cedi, which has experienced a year-to-date depreciation of over 27% against the US dollar, appears to be stabilizing, as market analysts forecast a potential rate cut by the….
Cedi Sells At GH¢16.17 To $1, GH¢21.13 To £1 On September 10 At Major Forex Bureaus
Ghana’s local currency (the cedi) has been depreciating against major trading currencies, especially the US dollar, in recent times. As of Tuesday September 10, 2024, at 10:00 AM, checks by….
Cedi Crosses GH¢16 Mark Against The Dollar On Retail Market
The Ghanaian Cedi has crossed the GH¢16 mark against the US Dollar on the currency retail market. A survey conducted by the Citi Business News team at various forex bureaux….
Cedi Hits GH¢15.90 To $1, GH¢20.31 To £1 At Major Forex Bureaus As Of August 12
Ghana’s local currency (the cedi) continues to decline in value against major trading currencies, especially the US dollar. As of Monday, August 12, 2024, at 10:00 AM, checks by GhanaWeb….
Cedi Hits GH¢15.81 To $1 At Major Forex Bureaus As Of July 31
Ghana’s local currency continues to decline in value against major trading currencies, especially the US dollar. As of Wednesday, July 30, 2024, at 10:00 AM, checks by GhanaWeb Business showed that the….