The Cedi remained troubled at this week’s opening as it fell across the board against its three major trading partner currencies on the Bank of Ghana (BoG) inter-bank trading platform.
Currency News [February 5, 2024]
The Cedi extended its struggles against some of its trading partner currencies despite the influx of forex support from the International Monetary Fund (IMF) and the World Bank last month.
Currency News [January 29, 2024]
The Cedi reacted modestly to the news of the receipt of the disbursement of USD 600.0 million from the International Monetary Fund (IMF) as it opened the week mixed against
Currency News [January 22, 2024]
The news of the impending disbursement of the second tranche of funds under the International Monetary Fund’s (IMF) Extended Credit Facility arrangement did little to lift the struggling local currency
Currency News [January 9, 2024]
The Cedi began the week posting a strong performance against its three major trading partner currencies on the Open Forex Market where it maintained its firm footing against the Dollar,
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 for October 26th 2020
The Ghana Cedi failed to build on previous week’s resilient performance as it lost traction this week against its three major trading partner currencies. The Cedi at the start of