The Ghana cedi is now going for ¢12.10 against the US dollar on the forex or retail market. This is despite forecasts by many analysts and research institutions that it….
The Ghana cedi is expected to weaken for the third week running against the US dollar. This follows rising foreign exchange demand from local corporates and importers ahead of the….
The Ghana cedi is expected to strengthen by roughly 1.0% to the US dollar in 2024, Fitch Solutions has disclosed in its latest Country Risk on Ghana. This will make….
Increased domestic demand and the strengthening of the US dollar globally are expected to weigh on the cedi this week as some analysts predict a marginal weakening of the local….
The Ghana cedi is expected to remain relatively stable against the US dollar this week as risk-off investor sentiment cools off. Demand for US dollar last week outstripped supply despite….
Fitch Solutions is forecasting that the Ghana cedi would end 2023 at ¢11.40 against the US dollar. This is lower than the ¢12.40 it predicted early in the year, at….
The Ghana cedi is expected to continue its stability against the US dollar this week. This is due to an expected foreign exchange auction for Bulk Oil Distribution Companies (BDCs)…..
The Ghana cedi will continue to exhibit mixed performance this week against the major foreign currencies as renewed corporate demand surges. This is coming after the local currency recorded mixed….
The Ghana cedi is expected to post a mixed-performance this week as a widening inflation differential may pose depreciatory pressures. This is because investors are seeking investments in dollar denominated….
The Ghana cedi gained a favorable 0.43% against the US dollar in the retail market last week. It traded at a mid-rate of ¢11.73 to one Us dollar. The local….
