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BoG Sells $1 At GH¢15.49, GH¢16.50 At Forex Bureaus As Of November 28

BoG Sells $1 At GH¢15.49, GH¢16.50 At Forex Bureaus As Of November 28

Ghana's local currency, the cedi, has gained some strength against major trading currencies, especially the dollar. In its daily update, the Bank of Ghana announced that as of November 28, 2024, the cedi is trading at a buying price of GH¢15.48 and a selling price of GH¢15.49. The British Pound is being bought at GH¢19.57 and sold at GH¢19.59. The Euro trades at a buying price of GH¢16.32 and a selling price of GH¢16.33. Checks by GhanaWeb Business as of November 26, 2024, at 10:00 AM show that the cedi is trading at GH¢16.50 to the dollar, while the pound…
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Cedi Sells At GH¢16.06 To $1, GH¢21.04 To £1 On September 4

Cedi Sells At GH¢16.06 To $1, GH¢21.04 To £1 On September 4

Ghana's local currency (the cedi) has been depreciating against major trading currencies, especially the US dollar, in recent times. As of Wednesday September 4, 2024, at 10:00 AM, checks by GhanaWeb Business showed that the cedi is selling at GH¢16.06 to $1 at some major forex bureaus in the capital, Accra. This decline in the cedi's value is also evident among other trading currencies such as the British Pound and Euro even though it gained a few pesewas from the previous day. For instance, the local currency is trading at GH¢21.04 to £1 while selling at GH¢17.73 to €1 at major forex…
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