The Cedi traded mixed against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and Open Forex Market (oanda.com) at the week’s opening
Currency News [October 14, 2024]
Positive news that international rating agency, Moody’s, has upgraded Ghana’s long-term local and foreign currency issuer ratings to “Caa2” from “Caa3” and “Ca” respectively, boosting the West African nation’s chances
Currency News [October 7, 2024]
The Cedi rode on the latest announcement that Ghanaian authorities had reached a staff-level agreement with the International Monetary Fund (IMF) to recover some of its recent losses against some
Currency News [June 24, 2024]
News that Ghana had reached an agreement in principle with its Eurobond creditors for the restructuring of the sovereign’s USD 13.0 billion worth of debt failed to revive the struggling
Currency News [June 3, 2024]
The Cedi remained pressured at the week’s opening in line with a recent survey that sought to suggest that emerging market currencies will struggle to rebound this year, pressured by
Currency News [July 3, 2023]
The Cedi opened the week mixed 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) where
Currency News [March 8, 2022]
The Ghana Cedi advanced its losing streak against its major international trading partner currencies as currency speculations coupled with a strong demand for forex amid limited supply continue to hurt
Currency News for July 12th 2021
As investors continue to take a cautious stance against investing in riskier assets and countries on the delta-variant virus wave concerns, the Ghana Cedi began the week nursing losses across
Currency News for April 12th 2021
The Cedi at the start of the week showed signs of reversing its course after registering four consecutive weekly declines against the US Dollar on the Bank of Ghana (BoG)
Currency News for April 6th 2021
The Ghana Cedi fell across the board against its three major trading partner currencies on the Bank of Ghana (BoG) inter-bank trading platform for the first time in more than
Currency News for March 10th 2021
As the government prepares to present to the nation its 2021 budget statement, the Cedi extended its bullish performance against its three major trading partner currencies on both the Bank
Currency News for January 25th 2021
As risk aversion continues to dominate investors’ sentiments following a continuous rise in COVID-19 cases, the Ghanaian Cedi this week registered losses against its three major trading pairs on the