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 (oanda.com) where
Currency News [June 5, 2023]
The Cedi failed to ride on improving risk sentiments after calm began to slowly creep into the global financial market following the US Senate’s passage of a bill last week
Currency News [May 15, 2023]
News that Ghana had officially secured financing assurances from the Paris Club, a crucial step towards the sovereign attaining an IMF Executive Board approval, boosted confidence in the Ghanaian economy,
Currency News [April 17, 2023]
After a recent streak of gains, the Ghana Cedi lost traction as it came under intense pressure last week, erasing most of the gains chalked over the past few weeks.
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
Market Update Report [February, 2023]
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Currency News [November 21, 2022]
BoG Inter-Bank Rates Current Previous w-o-w Change w-o-w % Change YTD USD 13.112 13.0874 -0.025 -0.19% -118.20% GBP 15.4891 15.3856 -0.104 -0.67% -90.37% EUR 13.4408 13.5353 0.095 0.70% -98.00% Open
Currency News [October 10, 2022]
The Ghana 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 (oanda.com).
Currency News [September 26, 2022]
The Ghana Cedi began the week posting mixed results against its three major trading partner currencies in response to an exercise by the central bank to clamp down on unlicensed
Currency News [September 19, 2022]
The Cedi came under heavy pressure on the Bank of Ghana’s (BoG) inter-bank trading platform ahead of a slew of central bank meetings this week which is expected to see
Currency News [September 05, 2022]
The Ghana Cedi began the week paring some of its losses against its three major trading partner currencies on the back of news pointing to improving forex liquidity. The Cedi
Currency News for August 29, 2022
The Cedi’s funding challenges continued unabated as offshores exit the domestic market to take advantage of improved yields in the advanced economies at a time when fears of the world