CEDI Archives - Page 5 of 12

The Ghana cedi could record a single-digit depreciation against the US dollar in 2024, The Economist Intelligence Unit has disclosed

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

The cedi will remain stable against the US dollar in the near term as the upgrade in Ghana’s rating by

The pressure on the Ghana cedi is expected to ease this week, following the anticipated news of the inflow of

The Ghana cedi is now going for ¢12.10 against the US dollar on the forex or retail market. This is

The Ghana cedi is expected to weaken for the third week running against the US dollar. This follows rising foreign

The Ghana cedi is expected to strengthen by roughly 1.0% to the US dollar in 2024, Fitch Solutions has disclosed

Increased domestic demand and the strengthening of the US dollar globally are expected to weigh on the cedi this week

Barring any unforeseen shocks, inflation will trend downwards in the coming months. According to IC Research, this is due to

The Economist Intelligence Unit (EIU) has revised its projected depreciation of the cedi to dollar in 2023 to about 23.0%,