Currency News [April 11, 2022]

The Cedi rallied this week adding to gains posted last week on the Open Forex Market (oanda.com) as the measures outlined by the government to cushion the economy begin to

Currency News for December 13, 2021

Liquidity on each end of the currency market caused the Cedi to move in opposite directions as the local unit slid against its three major trading partner currencies on the

Currency News for September 20, 2021

The Cedi maintained its momentum as it began the week building on last week’s gains against some of its major trading partner currencies on the Open Forex Market (oanda.com). On

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 February 22nd 2021

As risk appetite improves following the gradual roll out of COVID-19 vaccines, investors are beginning to unwind their investments in safe-haven currencies and assets. The Cedi at the start of

Currency News for April 20th 2020

After weeks of posting losses against its three major trading partner currencies, the Cedi this week showed signs of traction as it posted gains across the board against the US

Inflation Rate Stays at 7.8% in February

The year-on-year inflation rate remained unchanged at 7.8% in February in line with expectations as reduced petroleum prices at the pump coupled with a Cedi appreciation eased tension on consumer

Inflation Rate Begins 2020 at 7.8%

The consumer price index further trended downwards for the second consecutive time as it began the year with an inflation rate of 7.8%, down from 7.9% recorded in December, 2019.

Currency News For January 20th 2020

The Ghanaian Cedi, this week, maintained its recent resilient performance as it posted its second consecutive week-on-week gain against its three major trading partner currencies on the Open Forex Market

Currency News For December 23rd 2019

The Ghanaian Cedi this week gained momentum to post gains against all three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and on the