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 15, 2024]
Renewed pressures on the Cedi exacerbated further into the third week of 2024 as the local currency began the week nursing losses across the board against its three major trading
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 [January 2, 2024]
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
Currency News [December 27, 2023]
The Cedi opened the week troubled against its three major trading partner currencies on the Bank of Ghana inter-bank trading platform where it continued to nurse losses against the Dollar,
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 11, 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 [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