Progress made as Ghana wrapped up its Domestic Debt Exchange Programme (DDEP) boosted the Cedi’s appeal on the Open Forex Market (oanda.com) with the local unit maintaining its traction to
Currency News [February 6, 2023]
The Ghana Cedi opened the week stronger as it rose to pare some of its earlier losses recorded in the year. It gained across the board against the Dollar, the
Currency News [January 30, 2023]
The Ghana Cedi remained pressured at the start of the week as expectations of a Bank of Ghana (BoG) monetary policy hike failed to give the local currency some respite.
Currency News [January 23, 2023]
News that Ghana was opting for debt relief under the Group of 20 Common Framework did little to strengthen the Cedi’s performance against its major trading partner currencies as the
Currency News [January 16, 2023]
The Ghana Cedi came under intense pressure against its three major trading partner currencies at the start of the week, adding onto weaknesses seen last week where the Cedi showed
Currency News [January 10, 2023]
The Ghana Cedi began the week nursing losses across the board against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the
Currency News [January 02, 2023]
BoG Inter-Bank Rates Current Previous w-o-w Change w-o-w % Change YTD USD 8.5903 8.3092 -0.281 -3.38% – GBP 10.3264 10.0109 -0.316 -3.15% – EUR 9.0821 8.8271 -0.255 -2.89%
Currency News [December 28, 2022]
BoG Inter-Bank Rates Current Previous w-o-w Change w-o-w % Change YTD USD 8.3092 8.0050 -0.304 -3.80% -38.28% GBP 10.0109 9.7509 -0.260 -2.67% -23.04% EUR 8.8271 8.4923 -0.335 -3.94% -30.04%
Currency News [December 19, 2022]
The Cedi extended its rollercoaster ride against its three major trading partner currencies, recording impressive gains against the Dollar, the Pound, and the Euro at the week’s open on the
Currency News [December 12, 2022]
The Cedi posted an impressive performance 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) in
Currency News [December 5, 2022]
The Ghana Cedi responded favourably to the announcement of a Domestic Debt Exchange Programme (DDEP) made by Ghana’s Finance Minister over the weekend which investors interpreted as a step towards
Currency News [November 28, 2022]
BoG Inter-Bank Rates Current Previous w-o-w Change w-o-w % Change YTD USD 13.1114 13.112 0.001 0.00% -118.19% GBP 15.7848 15.4891 -0.296 -1.91% -94.00% EUR 13.6299 13.4408 -0.189 -1.41% -100.79%