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)

Currency News [July 18, 2022]

The Cedi resumed its freefall against its three major trading partner currencies after registering some gains against the Pound and the Euro over the past few weeks. The Cedi remained

Currency Rates for January 4, 2021

BoG Inter-Bank Rates Current Previous w-o-w Change w-o-w % Change YTD USD 6.0091 5.9839 -0.025 -0.42% – GBP 8.1363 8.0615 -0.075 -0.93% – EUR 6.7882 6.7846 -0.004 -0.05% –  

Currency News for July 12th 2021

As investors continue to take a cautious stance against investing in riskier assets and countries on the delta-variant virus wave concerns, the Ghana Cedi began the week nursing losses across

Currency News for June 8th 2020

As risk sentiments continue to improve following the gradual easing of coronavirus lockdown restrictions globally, investors are unwinding their portfolio in safe-haven assets and currencies and bracing for riskier assets.