The Cedi continued to defy the odds in the midst of the heightening geopolitical tensions following the Middle East crisis as it strengthened yet again against its three major trading
Weekly Currency News Report – Week 08 [February 23, 2025]
The Cedi defied the odds, as it posted its first weekly gain over the past seven weeks across the board against its three major trading partner currencies on both the
Weekly Currency News Report – Week 07 [February 16, 2025]
The Ghanaian Cedi struggled to post a recovery against the Dollar, extending its weekly losses against the greenback for the sixth consecutive time as forex demand pressures intensify. The local
Weekly Currency News Report – Week 06 [February 9, 2025]
A broad selloff in the global equity markets, mainly on the heels of concerns over inflated artificial intelligence spending, has seen traders, investors, and other financial market participants throng to
Weekly Currency News Report – Week 05 [February 2, 2025]
The renewed pressures on the Cedi continued for the fourth straight week, as the Cedi opened this week with losses across the board against its three major trading partner currencies
Weekly Currency News Report – Week 04 [January 26, 2025]
Ahead of the announcement of the monetary policy rate later in the week, where market watchers are bracing themselves for yet another policy rate cut, the Ghanaian Cedi remained subdued
Weekly Currency News Report – Week 03 [January 19, 2025]
In the absence of any major intervention, the Cedi remained pressured as it recorded losses across the board against its three major trading partner currencies on both the Bank of
Weekly Currency News Report – Week 02 [January 12, 2025]
The Cedi opened the week weaker, recording losses across the board against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the
Weekly Currency News Report – Week 01 [January 5, 2025]
The Cedi began the week and the new year on a positive note, building on its recent gains as improved forex supply helped calm the market. The upsurge in demand
Currency News Report – Week 52 [December 29, 2025]
The Ghanaian Cedi opened strongly this week, extending last week’s gains and remaining on track to record its best year-end performance in recent memory. The Cedi’s impressive comeback, after weeks
Currency News Report – Week 51 [December 22, 2025]
The Ghanaian Cedi looked poised to halt its weekly losses against its three major trading partner currencies, opening the week with a rebound against the Dollar, the Pound, and the
Currency News Report – Week 50 [December 15, 2025]
The Cedi looked set to end the year, trimming down a significant portion of its massive gains achieved in the course of the year, as the seasonal demand for forex