The Cedi opened the week weaker, recording 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 Report – Week 47 [November 24, 2025]
The ongoing crush in the global equity markets and the apparent rush into safe-haven assets and currencies by investors worsened the already troubling outlook of the local currency at this
Currency News [July 21, 2025]
Ahead of the presentation of the mid-year budget review to Ghana’s parliament later in the week, the Cedi came under renewed pressure at the week’s start, as it nursed losses
Currency News [June 30, 2025]
A resurgence in demand pressures weakened the Cedi as the local currency, after a short reprieve last week, failed to hold onto its gains at the start of this week.
Currency News [January 27, 2025]
The Cedi opened the week suppressed 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
Inflation Begins Second Quarter at 25.0%
Inflation extended its choppy performance as it began the second quarter of the year dipping from a four-month high as the ongoing hikes in the prices of food stuff coupled
Currency News [January 29, 2024]
The Cedi reacted modestly to the news of the receipt of the disbursement of USD 600.0 million from the International Monetary Fund (IMF) as it opened the week mixed against
Currency News [November 6, 2023]
The recently observed weaknesses in the local currency intensified at this week’s opening as the Cedi began the week nursing losses against its three major trading partner currencies on the
Currency News [October 23, 2023]
The Cedi continued to be hard hit ahead of next month’s budget presentation where the market is expecting the government to announce strategies to consolidate the economy’s recovery. The Cedi
Currency News [September 4, 2023]
The Cedi opened the week nursing losses against its three major trading partner currencies on the Open Forex Market (oanda.com) despite a series of positive events which is expected to
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 [March 20, 2023]
The Ghana Cedi came under pressure at the week’s open as it began the week nursing losses against its three major trading partner currencies on the Open Forex Market (oanda.com)