The Cedi extended its free fall against its major trading partner currencies after the President in a State of the Nation address to parliament failed to list policies the government
Currency News [February 26, 2024]
Ahead of this week’s State of the Nation address to parliament where the president will be expected to touch on a varied number of issues including how the national currency
Currency News [October 30, 2023]
The Cedi remained pressured at this week’s opening as it continued to nurse losses against its three major trading partner currencies. It fell across the board against the Dollar, the
Currency News [October 16, 2023]
Fears of rising US interest rates, following a stronger-than-expected US inflation reading for September, kept investor sentiments towards emerging market currencies and risky assets largely negative with the Cedi seen
Currency News [June 19, 2023]
The Cedi sustained losses at the week’s open against its three major trading partner currencies as a slew of major central banks rate hikes displaces emerging market currencies. Portfolio outflows
Currency News [January 30, 2023]
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 [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 for August 29, 2022
The Cedi’s funding challenges continued unabated as offshores exit the domestic market to take advantage of improved yields in the advanced economies at a time when fears of the world
Currency News [August 15, 2022]
The Ghana Cedi slid to fresh lows against its three major trading partner currencies at the start of the week as the Cedi’s woes continue to intensify on both the
Currency News for February 14, 2022
The Cedi weakened across the board against its three major trading partner currencies as it began the week adding onto previous weeks’ losses. The Cedi’s woes according to some analysts
Currency News for September 6, 2021
The Cedi’s weakness further worsened as it began the week nursing losses across the board against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank
Currency News for June 29th 2020
As demand for forex continues to soar on the back of capital flight following coronavirus linked uncertainties, the Ghana Cedi extended its losing streak against the US Dollar on the