Cedi Continues Stability Against Dollar; $1 Equals ¢12.60
The Ghana cedi continued its good running against the US dollar for almost two weeks as it sold at ¢12.60 to one US dollar on the forex or retail market…..
Tag: dollar
Cedi Continues Stability Against Dollar; $1 Equals ¢12.60
The Ghana cedi continued its good running against the US dollar for almost two weeks as it sold at ¢12.60 to one US dollar on the forex or retail market…..
Cedi To Remain Stable Against Dollar
The Ghana cedi is expected to remain stable and probable improve its value against the dollar in the coming days and weeks. This is due to significant steps made by….
Dollar Wobbles Near Eight-Month Low Ahead Of Central Bank Meetings
The dollar held close to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season stoked recession fears and as traders stayed on guard ahead of a….
Cedi To Continue Stability Against Dollar
The Ghana cedi is expected to further stabilise against the US dollar on the back of continued Bank of Ghana support. The cedi traded at a mid-rate of ¢12.90, losing….
Year-To-Date: Cedi Depreciates By 12.7% To Dollar; Second Weakest Among Top African Currencies
With only 17 days into the year, the Ghana cedi has depreciated by about 12.7% to the US dollar. The significant fall in the value of the cedi which occurred….
Petrol Now Sells At ¢13.90 With Diesel Going For ¢15.60 Per Litre
Some Oil Marketing Companies (OMCs) have started increasing the prices of petroleum products at the pumps. The marginal increase is due to the depreciation of the cedi and the slight….
Cedi Depreciates Marginally To Sell At ¢12 To A Dollar
The Ghana cedi is now selling at ¢12 to the US dollar in the retail or forex market, following days of sustained stability. This is about 0.86% loss in value….
Dollar Makes Strong Start To 2023 After Months-long Slump
The US dollar posted gains against nearly all its major peers as trading kicked off in 2023 after a seasonal holiday lull. Only the Japanese yen proved stronger than the….
Cedi To Depreciate By About 22% In 2023 – EIU
UK based Economist Intelligence Unit (EIU)is predicting about 22% depreciation of the cedi to the dollar in 2023. This will rank the local currency as the 3rd weakest performing currency on….