Tag: Ghana cedi against US dollar

Cedi remains under pressure despite BoG’s intervention; one dollar going for GHS12.40 at forex bureaus

Cedi remains under pressure despite BoG’s intervention; one dollar going for GHS12.40 at forex bureaus

The cedi remained under pressure over the two-week review period, driven largely by heightened demand pressures. In the interbank market, the cost [...]
Cedi gains strength to GHS11.89 as BoG’s $1.15bn injection sparks IMF anger

Cedi gains strength to GHS11.89 as BoG’s $1.15bn injection sparks IMF anger

In a surprising turn on Ghana’s currency front, the cedi has strengthened sharply against the US dollar, appreciating to an average of ₵11.89 on the i [...]
Ghana cedi faces renewed pressure as dollar demand surges

Ghana cedi faces renewed pressure as dollar demand surges

The Ghana cedi has once again come under pressure, crossing the GH¢11 mark against the US dollar in commercial bank transactions, despite being recogn [...]
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