The Cedi’s struggles widened this week with no apparent end in sight as the local currency posted its second consecutive loss across the board against its three major trading partner
Currency News [June 24, 2024]
News that Ghana had reached an agreement in principle with its Eurobond creditors for the restructuring of the sovereign’s USD 13.0 billion worth of debt failed to revive the struggling
Currency News [June 17, 2024]
The Cedi resumed its free fall against its three major international trading partner currencies this week as it fell across the board on both the Bank of Ghana (BoG) inter-bank
Currency News [June 10, 2024]
After weeks of sustaining sharp declines, the Ghanaian Cedi showed some bit of calm this week as it opened the week mixed against its three major trading partner currencies on
Currency News [June 3, 2024]
The Cedi remained pressured at the week’s opening in line with a recent survey that sought to suggest that emerging market currencies will struggle to rebound this year, pressured by
Currency News [May 27, 2024]
The Cedi extended its losing streak this week as pressures continued to mount on the currency unit despite calls for calm from both the finance ministry and the central bank.
Currency News [May 20, 2024]
The Cedi extended its free fall against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market (oanda.com) as
Currency News [May 13, 2024]
The Cedi extended its free fall against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market (oanda.com) as
Currency News [May 6, 2024]
The Cedi remained pressured into the fifth month of the year as it began the week posting losses against its three major trading partner currencies on both the Bank of
Currency News [April 29, 2024]
The Cedi after a short reprieve where it was seen making attempts to recover some of its recent losses against its three major trading partner currencies, opened the week nursing
Currency News [April 22, 2024]
The Cedi opened the week mixed against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market (oanda.com) as
Currency News [April 15, 2024]
News that Ghana had reached a staff-level agreement with the International Monetary Fund (IMF) boosted the Cedi’s appeal as the local currency rose at this week’s opening to recover sections