The Ghana Cedi remained pressured at the start of the week as expectations of a Bank of Ghana (BoG) monetary policy hike failed to give the local currency some respite.
Currency News [January 23, 2023]
News that Ghana was opting for debt relief under the Group of 20 Common Framework did little to strengthen the Cedi’s performance against its major trading partner currencies as the
Currency News [January 16, 2023]
The Ghana Cedi came under intense pressure against its three major trading partner currencies at the start of the week, adding onto weaknesses seen last week where the Cedi showed
Currency News [January 10, 2023]
The Ghana Cedi began the week nursing 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 [January 02, 2023]
BoG Inter-Bank Rates Current Previous w-o-w Change w-o-w % Change YTD USD 8.5903 8.3092 -0.281 -3.38% – GBP 10.3264 10.0109 -0.316 -3.15% – EUR 9.0821 8.8271 -0.255 -2.89%
Currency News [December 28, 2022]
BoG Inter-Bank Rates Current Previous w-o-w Change w-o-w % Change YTD USD 8.3092 8.0050 -0.304 -3.80% -38.28% GBP 10.0109 9.7509 -0.260 -2.67% -23.04% EUR 8.8271 8.4923 -0.335 -3.94% -30.04%
Currency News [November 14, 2022]
The Cedi this week fell across the board against its three major trading partner currencies resuming its freefall after brief stability against the three. Renewed pressures on the local unit,
Treasury Rates [November 14, 2022]
Security Interest Rates 91 – Day Bill 34.3945% 182 – Day Bill 35.4992% 364 – Day Bill 35.0768% Treasury yields this week went further up from previous week’s levels in
Inflationary Outlook Continues to Worsen
Ghana’s inflation outlook worsened further with no end in sight after the inflation rate began the last quarter of the year climbing to its highest since March 2001. The annual
Currency News [October 24, 2022]
The Cedi submerged to fresh record lows against its three major trading partner currencies at the week’s open after sustaining huge losses last week on both the Bank of Ghana
Currency News [October 17, 2022]
Cedi weakness worsened further at the week’s open as the local economy continued to grapple with hyperinflation, revenue underperformance, and offshore disinvestment of domestic assets among others. The Cedi opened
Currency News [October 3, 2022]
The Ghana Cedi fell flat across the board against its three major trading partner currencies at the week’s open after briefly paring some of its losses against the Pound and