The Cedi opened the new year posting completely diverging results as it fell across the board against its three major trading partner currencies on the Bank of Ghana (BoG) inter-bank
Treasury Rates [December 25, 2023]
Security Interest Rates 91 – Day Bill 29.3585% 182 – Day Bill 31.9467% 364 – Day Bill 32.4923% Treasury bill rates strengthened this week, recouping sections of losses recorded last
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 [December 4, 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 where the
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 [November 6, 2023]
Ahead of the budget presentation to Ghana’s parliament later in the week, the Cedi traded mixed against its three major trading partner currencies at this week’s opening on both the
Currency News [November 6, 2023]
The recently observed weaknesses in the local currency intensified at this week’s opening as the Cedi began the week nursing losses against its three major trading partner currencies on the
Currency News [October 23, 2023]
The Cedi continued to be hard hit ahead of next month’s budget presentation where the market is expecting the government to announce strategies to consolidate the economy’s recovery. The Cedi
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 [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 [September 25, 2023]
The Cedi opened the week mixed against its three major trading partner currencies as it extended its gains against the Pound and the Euro but failed to recover from its