The Cedi opened the week troubled against its three major trading partner currencies on the Bank of Ghana inter-bank trading platform where it continued to nurse losses against the Dollar,
Currency News [December 18, 2023]
Delays in realizing the expected forex inflows from the International Monetary Fund (IMF) and proceeds from the cocoa syndicated loan facility continued to mount growing pressures on the local unit
Currency News [November 27, 2023]
The ongoing fresh pressures on the local currency intensified further this week as the Cedi opened the week nursing losses across the board against its three major trading partner currencies
Currency News [November 20, 2023]
The Cedi continued its struggles against its three major trading partner currencies at the week’s opening after the budget statement failed to clearly articulate measures the government intends to implement
Currency News [October 9, 2023]
Optimism surrounding Ghana’s progress towards receiving the second tranche of the USD 600.0 million under the International Monetary Fund’s (IMF) Extended Credit Facility (ECF) failed to strengthen the Cedi as
Currency News [July 10, 2023]
The Cedi nursed losses across the board at the week’s open on the Bank of Ghana (BoG) inter-bank trading platform, failing to sustain its recent momentum against its three major
Currency News [June 12, 2023]
The Ghana Cedi remained pressured at the week’s open against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex
Currency News [May 8, 2023]
The Ghana Cedi retreated yet again against its three major trading partner currencies at this week’s open on looming signs of huge corporate demand for forex as businesses prep for
Currency News [May 2, 2023]
The Cedi lost steam at the week’s open as it extended its earlier losses against its major trading partner currencies on the Bank of Ghana (BoG) inter-bank trading platform and
Currency News [April 17, 2023]
After a recent streak of gains, the Ghana Cedi lost traction as it came under intense pressure last week, erasing most of the gains chalked over the past few weeks.
Currency News [March 13, 2023]
The Ghanaian Cedi traded higher at the week’s open against its three major trading partner currencies on the Open Forex Market (oanda.com) following the president’s assurance at the State of
Currency News [February 27, 2023]
The Cedi opened the week pressured against its three major trading partner currencies as Ghana’s quest to engage some of its external creditors for a probable restructuring of its bilateral