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Cedi expected to post mixed-performance this week due to inflationary pressures

August 15, 2023 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...

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August 15, 2023 / Comments (0)

Cedi to remain stable this week; gained 0.30% against dollar last week

July 26, 2023 The Ghana cedi is expected to remain stable this week against the US dollar and the other major foreign currencies due to improving foreign exchange liquidity on the market. Last week, the...

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July 26, 2023 / Comments (0)

Cedi to depreciate 30% to dollar in 2023 – EIU

May 2, 2023 Economist Intelligence Unit (EIU) is predicting a 30% depreciation of the cedi to the dollar in 2023. This is however lower than the about 44% depreciation of the local currency in 2022....

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May 2, 2023 / Comments (0)

Cedi to record mixed performance this week

April 12, 2023 The Ghana cedi is expected to record a mixed performance this week as the market awaits a decision of Ghana’s external debt restructuring with its bilateral creditors. The Paris Club of...

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April 12, 2023 / Comments (0)

Cedi continues strong performance; $1 now ¢10.80

April 5, 2023 The Ghana cedi continued its strong run against the US dollar today, April 4, 2023, as it sold below ¢11. Checks by Joy Business at the forex bureaus indicate that the cedi is going for...

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April 5, 2023 / Comments (0)

Cedi may record mixed performance to dollar this week

March 22, 2023 The Ghana cedi may record mixed performance against the US dollar this week. This will be similar to what transpired last week as the local currency depreciated by a marginal 0.20% to the...

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March 22, 2023 / Comments (0)

Year-to-date: Cedi depreciates by 12.7% to dollar; second weakest among top African currencies

January 18, 2023 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 yesterday, January 16, 2023 and...

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January 18, 2023 / Comments (0)

Confidence in foreign exchange market to support cedi’s rally

December 13, 2022 Confidence in the foreign exchange market is expected to support the cedi’s rally against the US dollar and the other major foreign currencies in the coming weeks. This follows rising...

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December 13, 2022 / Comments (0)

Cedi strengthens in value against dollar; 1$ now ¢13.70

December 7, 2022 The Ghana cedi strengthened in value against the dollar almost a day after the government launched the Debt Exchange Programme. The local currency also improved in value against the other...

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December 7, 2022 / Comments (0)

Cedi depreciation impact on inflation likely to continue – Government Statistician

November 10, 2022 The effect of the depreciation of the Ghana cedi on the rate of inflation is not likely to end anytime soon. According to Government Statistician, Professor Samuel Kobina Annim, the policy...

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November 10, 2022 / Comments (0)