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
Currency News [March 18, 2024]
The Cedi extended its struggles against its major trading partner currencies this week on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market (oanda.com) ahead
Currency News [March 11, 2024]
The Cedi remained pressured at the week’s opening, extending its recent string of weekly weaknesses further as demand for forex by corporates and importers continued to soar. The local unit,
Currency News [February 19, 2024]
The Cedi fell across the board against its three major trading partner currencies at the week’s opening on both the Bank of Ghana (BoG) inter-bank trading platform and the Open
Currency News [February 12, 2024]
The Cedi remained troubled at this week’s opening as it fell across the board against its three major trading partner currencies on the Bank of Ghana (BoG) inter-bank trading platform.
Currency News [January 22, 2024]
The news of the impending disbursement of the second tranche of funds under the International Monetary Fund’s (IMF) Extended Credit Facility arrangement did little to lift the struggling local currency
Currency News [January 2, 2024]
The Cedi opened the new year posting completely diverging results as it fell across the board against its three major trading partner currencies on the Bank of Ghana (BoG) inter-bank