Ahead of the presentation of the 2025 budget statement to Ghana’s parliament later this week, where market watchers will be on the lookout for policies the government intends to implement
Currency News [February 24, 2025]
The Cedi lost luster as it opened the week pressured against its three major trading partner currencies on the Open Forex Market (oanda.com) where it nursed losses against the Dollar,
Currency News [February 17, 2025]
The Cedi was subdued as it began the week building on last week’s losses against its three major trading partner currencies on the Bank of Ghana (BoG) inter-bank trading platform.
Currency News [February 10, 2025]
The Cedi lost luster at the week’s opening as it sustained losses across the board against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank
Currency News [January 20, 2025]
The Cedi retreated simultaneously against its three major international trading partner currencies for the first time in 2025 this week in what appears to be a renewal of pressures on
Currency News [December 30, 2024]
The Cedi has come under renewed pressure at this week’s opening as it failed to add to its recent weekly gains after weeks of posting strong performances with the Cedi
Currency News [November 4, 2024]
Recent assurances from the governor of the central bank failed to bring some calm into the local currency market as the Cedi began the week building on losses sustained against
Currency News [August 19, 2024]
The Cedi failed to capitalize on impending rate cuts in the advanced economies particularly in the US, UK, and the Eurozone as inflation in these economies continue to ease after
Currency News [August 12, 2024]
The local currency has begun to respond to the impact of the impending interest payments on the Domestic Debt Exchange (DDEP) bonds due later in the month where there are
Currency News [May 20, 2024]
The Cedi extended its free fall 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) as
Currency News [April 29, 2024]
The Cedi after a short reprieve where it was seen making attempts to recover some of its recent losses against its three major trading partner currencies, opened the week nursing
Inflation Rises to a Five Month High in March
The local unit’s struggles against some of its international trading partner currencies coupled with soaring food prices on the back of delayed harvest pushed up the annual inflation rate to