Cedi Loses 2.2% In Value To Dollar Since January 2024; One Dollar Going For GH¢12.43
The Ghana cedi has lost 2.2% in value to the dollar since January 2024. This is despite the existence of the International Monetary Fund (IMF) […]
CEDI
Cedi’s Performance Remained Unchanged To Dollar In First Week Of 2024; One Dollar Equals ¢12.20
The Ghana cedi traded unchanged against the US dollar last week at a mid-rate of GH¢12.18/$ on the retail market. The same story emerged on […]
Foreign Exchange Liquidity Improves Marginally; One Dollar Going For ¢12.15
The cedi is expected to continue its marginal gain this week as foreign exchange liquidity improves. This follows the Bank of Ghana’s timely intervention. Banks […]
Cedi To Record single-digit depreciation Against Dollar In 2024 – EIU
The Ghana cedi could record a single-digit depreciation against the US dollar in 2024, The Economist Intelligence Unit has disclosed in its 2024 Africa Outlook […]
Pressure On Cedi Mounts; One Dollar Equals ¢12.13
The high demand for the US dollar continues to weigh on the Ghana cedi as the local currency lost some ground against the American ground […]
Cedi To Remain Stable Against Dollar In Near Term; $1 Equals ¢12.01
The cedi will remain stable against the US dollar in the near term as the upgrade in Ghana’s rating by Fitch Ratings is expected to […]
Pressure On Cedi To Ease This Week
The pressure on the Ghana cedi is expected to ease this week, following the anticipated news of the inflow of the $800 million cocoa syndication […]
Cedi Now Going For ¢12.10 To A Dollar; Demand For American Greenback Surges Ahead Of Christmas
The Ghana cedi is now going for ¢12.10 against the US dollar on the forex or retail market. This is despite forecasts by many analysts […]
Cedi To Weaken For Third Weak Running; Going For ¢11.85 To One Dollar
The Ghana cedi is expected to weaken for the third week running against the US dollar. This follows rising foreign exchange demand from local corporates […]
Cedi To Appreciate By 1.0% To Dollar In 2024 – Fitch Solutions
The Ghana cedi is expected to strengthen by roughly 1.0% to the US dollar in 2024, Fitch Solutions has disclosed in its latest Country Risk […]