BoG Pegs Cedi Depreciation To Dollar At 54%
The Bank of Ghana has pegged the rate of depreciation of the cedi to the dollar at 54.2% in almost 11 months of 2022. However, the Central Bank in its….
Tag: pound
Sterling Rises But Gloomy Economic Outlook Remains In Focus
Sterling rose on Monday, largely boosted by a softer dollar, which pushed the pound back up to levels seen before the Bank of England (BoE) delivered its biggest interest rate….
Cedi Strengthens Again Against Dollar; $1 Equals ¢13.40
The Ghana cedi strengthened once again by about 20 pesewas against the US dollar today November 1, 2022 to sell at ¢13.40 in the retail or forex market. This is….
$1 Dollar Nears ¢13 As Fast Depreciation Of Cedi Continues
The fast depreciation of the Ghana cedi continues with no end in sight as the local currency nears ¢13 to a dollar. This is more than 6% depreciation in only….