The Ghanaian Cedi traded higher at the week’s open against its three major trading partner currencies on the Open Forex Market (oanda.com) following the president’s assurance at the State of
Currency News [March 07, 2023]
As the market awaits clues for progress made by the government in its effort to secure a restructuring agreement with bilateral creditors from the president’s State of the Nation address
Currency News [February 27, 2023]
The Cedi opened the week pressured against its three major trading partner currencies as Ghana’s quest to engage some of its external creditors for a probable restructuring of its bilateral
Currency News [February 20, 2023]
The Ghanaian Cedi after a brief reprieve, opened the week pressured despite assurances given by the finance minister last week in an address to Ghana’s parliament that the conclusion of
Currency News [February 13, 2023]
Progress made as Ghana wrapped up its Domestic Debt Exchange Programme (DDEP) boosted the Cedi’s appeal on the Open Forex Market (oanda.com) with the local unit maintaining its traction to
Currency News [February 6, 2023]
The Ghana Cedi opened the week stronger as it rose to pare some of its earlier losses recorded in the year. It gained across the board against the Dollar, the
Currency News [January 30, 2023]
The Ghana Cedi remained pressured at the start of the week as expectations of a Bank of Ghana (BoG) monetary policy hike failed to give the local currency some respite.
Currency News [January 23, 2023]
News that Ghana was opting for debt relief under the Group of 20 Common Framework did little to strengthen the Cedi’s performance against its major trading partner currencies as the
Currency News [January 16, 2023]
The Ghana Cedi came under intense pressure against its three major trading partner currencies at the start of the week, adding onto weaknesses seen last week where the Cedi showed
Currency News [January 10, 2023]
The Ghana Cedi began the week nursing losses across the board against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the
Currency News [January 02, 2023]
BoG Inter-Bank Rates Current Previous w-o-w Change w-o-w % Change YTD USD 8.5903 8.3092 -0.281 -3.38% – GBP 10.3264 10.0109 -0.316 -3.15% – EUR 9.0821 8.8271 -0.255 -2.89%
Currency News [December 28, 2022]
BoG Inter-Bank Rates Current Previous w-o-w Change w-o-w % Change YTD USD 8.3092 8.0050 -0.304 -3.80% -38.28% GBP 10.0109 9.7509 -0.260 -2.67% -23.04% EUR 8.8271 8.4923 -0.335 -3.94% -30.04%