The Cedi traded higher at the week’s open against its three major trading partner currencies on the Open Forex Market (oanda.com) on the back of improving investor confidence as Ghana
Currency News [July 24, 2023]
The Ghana Cedi opened the week mixed against its three major trading partner currencies ahead of the presentation of the mid-year budget review later in the week where the market
Currency News [July 17, 2023]
The Cedi was mixed at the week’s open against its three major trading partner currencies on the Open Forex Market (oanda.com) where it rose to build on last week’s gain
Currency News [July 10, 2023]
The Cedi nursed losses across the board at the week’s open on the Bank of Ghana (BoG) inter-bank trading platform, failing to sustain its recent momentum against its three major
Currency News [July 3, 2023]
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) where
Currency News [June 26, 2023]
The Cedi traded higher against its three major trading partner currencies at the week’s open on the Bank of Ghana (BoG) inter-bank trading platform buoyed by easing demand pressures for
Currency News [June 19, 2023]
The Cedi sustained losses at the week’s open against its three major trading partner currencies as a slew of major central banks rate hikes displaces emerging market currencies. Portfolio outflows
Currency News [June 12, 2023]
The Ghana Cedi remained pressured at the week’s open against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex
Currency News [June 5, 2023]
The Cedi failed to ride on improving risk sentiments after calm began to slowly creep into the global financial market following the US Senate’s passage of a bill last week
Currency News [May 29, 2023]
There was renewed pressure on the local currency after the Cedi opened the week erasing portions of recent gains against its three major trading partner currencies. The positive sentiments that
Currency News [May 22, 2023]
Investors renewed their confidence in the Ghanaian economy after the International Monetary Fund (IMF) last week approved a 3-year USD 3.0 billion Extended Credit Facility to help the country navigate
Currency News [May 15, 2023]
News that Ghana had officially secured financing assurances from the Paris Club, a crucial step towards the sovereign attaining an IMF Executive Board approval, boosted confidence in the Ghanaian economy,