The Cedi’s impressive revival continued unabated at this week’s opening, extending its gains against its three major international trading partner currencies on the Bank of Ghana (BoG) inter-bank trading platform
Currency News [July 29, 2024]
The Cedi maintained its recent traction against some of its trading partner currencies after it opened the week mixed against its three major trading partner currencies on both the Bank
Currency News [August 1, 2022]
The Cedi’s vulnerabilities as the Ghanaian economy continue to grapple with revenue underperformance, slowing growth, and soaring inflation among others sent the local currency to hit fresh lows against some
Currency News [June 27, 2022]
Weaknesses in the local currency worsened as the Cedi opened the week nursing losses against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading
Currency News for January 31, 2022
A quicker pace of rate hikes in Ghana’s trading partner countries from their ultra-low levels continue to hurt the Cedi as the local unit opened the week extending its losses
Currency News for October 11, 2021
Despite increasing support by Ghana’s central bank, the Ghana Cedi began the week nursing losses against the Dollar as growing demand for forex surpasses supplies in the currency space. The
Currency News for May 17th 2021
After the latest consumer price index reading showed that price levels were inching towards pre-COVID levels, the Cedi at the start of the week posted strong gains against its three
Currency News for May 4th 2021
The Cedi was 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). It recorded gains
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 February 1st 2021
The Ghanaian Cedi rose this week to recover from previous week’s dip against the US Dollar on the Bank of Ghana (BoG) inter-bank trading platform as demand for the Dollar
Currency News for October 5th 2020
The Ghana Cedi, this week, fell across the board on both the Bank of Ghana (BoG) inter-bank trading platform and on the Open Forex Market (oanda.com) against its three major
Currency News for July 27th 2020
After the 2020 mid-year budget review presented to Ghana’s parliament failed to outline measures to be implemented by the government over the second half of the year to tame the