Cedis
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Cedi recovery continues; $1 equals ¢12.50

March 7, 2023 The recovery of the Ghana cedi continued today March 7, 2023 as the local currency gained some 30 pesewas from last Friday March 3, 2023 pricing to lower its year-to-date loss. The local...

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March 7, 2023 / Comments (0)

Cedi lost 1.94% value to dollar last week; $1 equals ¢13.05

February 28, 2023 The Ghana cedi lost about 1.94% value to the US dollar last week to trade at an average of ¢13.0. The local currency closed the week at an indicative rate of ¢11.01/$1 on the interbank...

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February 28, 2023 / Comments (0)

Fuel prices to fall between 7% and 11% from February 16

February 15, 2023 The prices of petrol and diesel are expected to drop significantly between 7.1% and 10.8% at the pumps, from Thursday February 16, 2023. However, that of Liquefied Petroleum Gas (LPG) will...

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February 15, 2023 / Comments (0)

Cedi continues rise against dollar; gained 0.81% last week

February 14, 2023 The Ghana cedi continued to rise steadily against the US dollar amidst the Bank of Ghana’s tight foreign exchange intervention. Last week, the local currency gained about 2.31% in value...

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February 14, 2023 / Comments (0)

Fitch reiterates position cedi will record strong performance in 2023

February 6, 2023 Fitch Solutions has reiterated that the Ghana cedi will record a strong performance against the US dollar in 2023. According to the UK based firm, this will come on the back of an expected...

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February 6, 2023 / Comments (0)

Ofori-Atta: $3bn IMF deal will help tackle inflation, strengthen cedi

December 14, 2022 The Finance Minister, Ken Ofori-Atta, has hailed the Staff-level Agreement with the International Monetary Fund for a new three-year arrangement under the Extended Credit Facility (ECF) of...

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December 14, 2022 / Comments (0)

Cedi now ¢11.50 to $1

December 14, 2022 The Ghana cedi has ramped up in value against the dollar after appreciating by more than 20% in less than two weeks. Ghana’s currency enjoyed the longest appreciation period this year in...

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December 14, 2022 / Comments (0)