dollar

Cedi Sells At GH¢15.90 To $1 At Forex Bureaus On February 25
25 Feb

Cedi Sells At GH¢15.90 To $1 At Forex Bureaus On February 25

CUD Wontumi0 CommentsBusiness,
Ghana's local currency, the cedi, has recorded marginal gains against major trading currencies, particularly the US dollar, at some forex bureaus. In its daily update, the Central Bank noted that the cedi is trading at a buying price of GH¢15.49 and a selling price of GH¢15.50 to a dollar. The British pound is being bought at GH¢19.57 and sold at GH¢19.59, while the euro trades at a buying price of GH¢16.22 and a selling price of GH¢16.23. Checks by GhanaWeb Business on February 25, 2025, at 9:20 AM indicate that the cedi is trading at GH¢15.90 to the dollar, while the pound…
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Cedi Sells At GH¢15.90 To $1 At Forex Bureaus On February 24
24 Feb

Cedi Sells At GH¢15.90 To $1 At Forex Bureaus On February 24

CUD Wontumi0 CommentsBusiness,
Ghana's local currency, the cedi, has recorded marginal gains against major trading currencies, particularly the US dollar, at some forex bureaus. In its daily update, the Central Bank noted that the cedi is trading at a buying price of GH¢15.53 and a selling price of GH¢15.54 to a dollar. The British pound is being bought at GH¢19.63 and sold at GH¢19.65, while the euro trades at a buying price of GH¢16.23 and a selling price of GH¢16.25. Checks by GhanaWeb Business on February 24, 2025, at 7:40 AM indicate that the cedi is trading at GH¢15.90 to the dollar, while the pound…
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Cedi Trades At GH¢15.45 To $1 On Interbank Market
06 Feb

Cedi Trades At GH¢15.45 To $1 On Interbank Market

CUD Wontumi0 CommentsBusiness,
Ghana's local currency, the cedi, has recorded marginal gains against major trading currencies, particularly the US dollar, at some forex bureaus. In its daily update, the Central Bank noted that the cedi is trading at a buying price of GH¢15.44 and a selling price of GH¢15.45 to a dollar. The British pound is being bought at GH¢19.32 and sold at GH¢19.35, while the euro trades at a buying price of GH¢16.08 and a selling price of GH¢16.10. Checks by GhanaWeb Business on February 6, 2025, at 8:40 AM indicate that the cedi is trading at GH¢15.90 to the dollar, while the pound…
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Cedi Starts February At GH¢15.90 To 1 Dollar At Forex Bureaus
03 Feb

Cedi Starts February At GH¢15.90 To 1 Dollar At Forex Bureaus

CUD WontumiSports,
Ghana's local currency, the cedi, has experienced marginal gains against major trading currencies, especially the dollar, at some forex bureaus. The Central Bank, in its daily update, noted that the cedi is trading at a buying price of GH¢15.29 and selling at GH¢15.30. The British Pound is being bought at GH¢18.99 and sold at GH¢19.01. The Euro trades at a buying price of GH¢15.89 and a selling price of GH¢15.90. Checks by GhanaWeb Business on February 3, 2025, at 8:00 AM show that the cedi is trading at GH¢15.90 to the dollar, while the pound is trading at GH¢19.70 at some major…
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Cedi Now Sells At GH¢16.10 At Forex Bureaus
24 Jan

Cedi Now Sells At GH¢16.10 At Forex Bureaus

CUD WontumiBusiness,
Ghana's local currency, the cedi, has experienced marginal gains against major trading currencies, especially the dollar, at some forex bureaus. The Central Bank, in its daily update, noted that the cedi is trading at a buying price of GH¢15.11 and selling at GH¢15.12. The British Pound is being bought at GH¢18.62 and sold at GH¢18.64. The Euro trades at a buying price of GH¢15.72 and a selling price of GH¢15.73. Checks by GhanaWeb Business on January 24, 2025, at 8:40 AM show that the cedi is trading at GH¢16.10 to the dollar, while the pound is trading at GH¢19.60 at some major…
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Cedi Selling At GH¢16.20 At Forex Bureaus
21 Jan

Cedi Selling At GH¢16.20 At Forex Bureaus

CUD WontumiBusiness,
Ghana's local currency, the cedi, has experienced marginal gains against major trading currencies, especially the dollar, at some forex bureaus. The Central Bank, in its daily update, noted that the cedi is trading at a buying price of GH¢14.99 and selling at GH¢15.00. The British Pound is being bought at GH¢18.42 and sold at GH¢18.45. The Euro trades at a buying price of GH¢15.58 and a selling price of GH¢15.60. Checks by GhanaWeb Business on January 21, 2025, at 8:40 AM show that the cedi is trading at GH¢16.20 to the dollar, while the pound is trading at GH¢19.60 at some major…
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Dollar and Bitcoin Soar As Trump Wins Presidency
06 Nov

Dollar and Bitcoin Soar As Trump Wins Presidency

wontumionlineBusiness, , ,
The US dollar has surged as Donald Trump is now projected to have won the presidency and will re-enter the White House. Bitcoin has also hit a record high while traders bet on potential tax cuts, increased tariffs, and rising inflation under Trump's second term. This election result will have a major impact on the global economy. The Republican Party is also set to take control of the Senate, although there are still votes left to count. The dollar has soared by about 1.4% against a host of different currencies, including the pound, euro and the Japanese yen. In Japan,…
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Cedi Rate Shoots Up, Selling At GH¢17.20 To US$1
05 Nov

Cedi Rate Shoots Up, Selling At GH¢17.20 To US$1

wontumionlineBusiness,
Ghana’s local currency continues to experience persistent depreciation against major trading currencies such as the US dollar. The cedi which was under pressure throughout the year, recorded relative stability in July this year, while inflationary pressures continued declining. However, checks by GhanaWeb Business as of November 5, 2024, at 8:00 AM show that the cedi is trading at GH¢17.20 to the dollar, while the pound is trading at GH¢22 at some major forex bureaus across the country. Additionally, the Euro is trading at GH¢18.50 on the retail market. The decline of the cedi against major trading currencies will further worsen the woes…
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Cedi Records Gains Against Dollar, Others Last Week; One Dollar Going For GH¢16.41
17 Sep

Cedi Records Gains Against Dollar, Others Last Week; One Dollar Going For GH¢16.41

wontumionlineBusiness
The Ghana cedi recorded some gains last week against the US dollar and the other major foreign currencies after weeks of sustained depreciation. This was buoyed by improved market liquidity. The recovery came amidst resurfacing corporate demand pressure, largely due to seasonal demand ahead of the yuletide. The Bank of Ghana (BoG) sold US$37 million during the 7-day forward auction while also auctioning US$20 million to the Bulk Oil Distributing companies. Following BoG’s support, the cedi gained 0.46% week-on-week to the dollar. It ended the week trading at a mid-rate GH¢16.40 to one American greenback. Additionally, it surged 0.47% week-on-week…
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EIU Predicts Persistent Stronger US Dollar; One Dollar Equals GH¢14.90
06 Jun

EIU Predicts Persistent Stronger US Dollar; One Dollar Equals GH¢14.90

wontumionlineBusiness, , ,
The US dollar remains close to an all-time high in real effective terms. According to the Economist Intelligence Unit, the remarkable resilience of the greenback is a reflection on the strength of the US economy, which has defied high interest rates and market predictions (a record-long period of yield curve inversion indicates so far unmet expectations of a major slowdown). “High US policy rates and, more recently, investor repositioning in anticipation of a later start to US monetary easing have provided a large degree of support for the currency. However, the dollar has rarely been so strong relative to interest-rate…
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