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Cedi weakened 1.22% to dollar last week; one dollar going for ¢12.30

January 16, 2024 The cedi weakened 1.22% to the US dollar in the retail market last week, following depreciation pressures. It also lost 0.65% to the pound and 0.19% against the euro on the retail market,...

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January 16, 2024 / Comments (0)

Foreign exchange liquidity improves marginally; one dollar going for ¢12.15

December 13, 2023 The cedi is expected to continue its marginal gain this week as foreign exchange liquidity improves. This follows the Bank of Ghana’s timely intervention. Banks sought to exchange about...

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December 13, 2023 / Comments (0)

Cedi expected to trade steadily this week; sells at ¢11.50 to a dollar

September 5, 2023 The Ghana cedi is expected to trade steadily this week as the Bank of Ghana intervenes in the market to cool off the pressure on the local currency. Last week, the cedi came under renewed...

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September 5, 2023 / Comments (0)

Cedi to exhibit mixed performance against dollar this week

April 18, 2023 The Ghana cedi is expected to exhibit mixed performance against the US dollar for the second week running. This is because of the uncertainty characterising the expected International...

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April 18, 2023 / Comments (0)