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 [September 30, 2024]
The Cedi’s woes intensified at the week’s start as the local currency recorded its third successive weekly losses against its three major trading partner currencies on the Bank of Ghana
Currency News [September 24, 2024]
The Cedi opened the week extending its losses against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market
Currency News [September 16, 2024]
The Cedi failed to capitalize on rising expectations of interest rate cuts in the advanced economies as it opened the week nursing losses against its three major international trading partner
Currency News [September 9, 2024]
After recording a choppy performance last week where the local currency was mixed against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform,
Currency News [September 2, 2024]
The Cedi was mixed at the week’s open against its three major international trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex
Currency News [August 26, 2024]
The Cedi opened the week weaker against its three major international trading partner currencies adding to the previous week’s struggles as pressures on the local currency take a new turn
Currency News [August 19, 2024]
The Cedi failed to capitalize on impending rate cuts in the advanced economies particularly in the US, UK, and the Eurozone as inflation in these economies continue to ease after
Currency News [August 12, 2024]
The local currency has begun to respond to the impact of the impending interest payments on the Domestic Debt Exchange (DDEP) bonds due later in the month where there are
Currency News [August 6, 2024]
The Cedi opened the first official trading day of the week mixed against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and