Cedi Records Gains Against Dollar, Others Last Week; One Dollar Going For GH¢16.41
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 […]
dollar
EIU Predicts Persistent Stronger US Dollar; One Dollar Equals GH¢14.90
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 […]
Cedi Depreciates 9.65% To Dollar
The Ghana cedi returned to its loss trajectory last week as it has depreciated by 9.65% to the dollar on the retail market since the […]
Cedi Depreciates 4.44% To Dollar Since January 1, 2024; One Dollar Equals GH¢12.85
The Ghana cedi has lost about 4.44% in value to the US dollar since the beginning of the year. Last week, the local currency weakened […]
Cedi Experiences 3.66% Depreciation Against The US Dollar Since January 1
The Ghana cedi has lost about 3.66% in value to the US dollar since the beginning of 2024. The local currency lost ground last week […]
Cedi To End 2024 At GH¢13.40 To A Dollar
The Ghana cedi is expected to end 2024 at GH¢13.4 ± 0.10 to one US dollar. According to Databank Research, this would be influenced by […]
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 […]
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 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 […]