Fast spreading Omicron jitters coupled with increasing demand for forex sent the Ghana Cedi tumbling against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank
Currency News for December 6, 2021
The Ghana 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).
Currency News for November 29, 2021
Jitters accompanying the highly mutated coronavirus variant sent investors fleeing from emerging market and risk-sensitive currencies as more countries record cases of the Omicron variant. The Cedi remained subdued against
Currency News for November 22, 2021
A move by Ghana’s central bank to further tighten its intervention in the currency market helped the Cedi to gain some respite on the Open Forex Market (oanda.com) as it
Currency News for October 11, 2021
Despite increasing support by Ghana’s central bank, the Ghana Cedi began the week nursing losses against the Dollar as growing demand for forex surpasses supplies in the currency space. The
Currency News for September 27, 2021
After two weeks’ of improving performance, the Ghana Cedi lost steam as it began the week nursing losses against the Dollar, the Pound, and the Euro on the Open Forex
Currency News for September 13, 2021
The Cedi, boosted by the central bank’s increasing intervention, posted its first week-on-week gain in four months against the Dollar at the start of the week on the Bank of
Currency News for July 5th 2021
As global risk sentiments begin to turn negative on the delta-variant virus wave, the local currency is coming under intense pressure and remains on course to erase all gains recorded
Currency News for June 28th 2021
The Cedi this week extended its weekly losses against the US Dollar on the Bank of Ghana (BoG) inter-bank trading platform for the sixth consecutive time as the local currency
Currency News for May 24th 2021
The Cedi crushed against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market at the start of the
Currency News for May 10th 2021
The Cedi at the start of the week, rose against the US Dollar to recover part of previous week’s loss. The Cedi’s performance this week comes after a World Bank
Currency News for May 4th 2021
The Cedi was 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). It recorded gains