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
Read MoreThe US dollar remains close to an all-time high in real effective terms. According to the Economist Intelligence Unit, the
Read MoreThe Ghana cedi returned to its loss trajectory last week as it has depreciated by 9.65% to the dollar on
Read MoreThe Ghana cedi has lost about 4.44% in value to the US dollar since the beginning of the year. Last
Read MoreThe Ghana cedi has lost about 3.66% in value to the US dollar since the beginning of 2024. The local
Read MoreThe Ghana cedi is expected to end 2024 at GH¢13.4 ± 0.10 to one US dollar. According to Databank Research,
Read MoreThe Ghana cedi traded unchanged against the US dollar last week at a mid-rate of GH¢12.18/$ on the retail market.
Read MoreThe cedi is expected to continue its marginal gain this week as foreign exchange liquidity improves. This follows the Bank
Read MoreThe high demand for the US dollar continues to weigh on the Ghana cedi as the local currency lost some
Read MoreThe Ghana cedi is now going for ¢12.10 against the US dollar on the forex or retail market. This is
Read MoreThe Ghana cedi is expected to weaken for the third week running against the US dollar. This follows rising foreign
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