Ghana cedi gains strength against US dollar year-on-year - Ghana Business News
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2 Articles
Cedi Sells at GH¢10.35 in Interbank Market
Ghana’s cedi has weakened against major foreign currencies on the interbank market, with the US dollar seeing the most significant gain. According to the Bank of Ghana’s latest daily update, the cedi is now trading at a buying rate of GH¢10.34 and a selling rate of GH¢10.35 to the dollar—up from its previous rates of GH¢10.31 and GH¢10.32, respectively. The British pound is being bought at GH¢14.05 and sold at GH¢14.06, while the euro is trading…
Ghana cedi gains strength against US dollar year-on-year - Ghana Business News
Bank of Ghana data show the cedi markedly appreciated against the US dollar between June 2024 and June 2025, based on interbank foreign exchange comparisons. A year-on-year analysis conducted by the Ghana News Agency highlights a significant strengthening of the local currency, suggesting improved prospects for economic stability. In June 2024, the cedi traded at GH¢14.14, rising to GH¢14.59 by 28 June. By contrast, June 2025 reflected considera…
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