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….
Tag: CEDI
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….
Cedi To Make Some Recovery Against Dollar In Coming Months; To Regain 9% Loss
The Ghana cedi is expected to recoup some losses against the dollar in the coming months, Fitch Solutions has revealed. According to the London-based firm, this is due to improved….
Cedi Depreciation Slows Down Due To Reduced Foreign Exchange Demand; One Dollar Equals GH¢14.92
The stabilisation of the Ghana cedi against the major foreign currencies is expected to continue this week, following a slowdown in foreign exchange demand. The local unit recovered some of….
Afenyo-Markin Cautions Against Rushing To Buy Dollars, Assures Cedi Will Stabilise
The Majority Leader Alexander Afenyo-Markin has cautioned the general public against rushing to buy Dollars. He assured that the Cedi would soon stabilize. Addressing the media, the Effutu lawmaker said….
EIU Predicts Persistent Stronger US Dollar; One Dollar Equals GH¢14.90
The US dollar remains close to an all-time high in real effective terms. According to the Economist Intelligence Unit, the remarkable resilience of the greenback is a reflection on the….