Tag: Ghana cedi against US dollar
Cedi faces fresh pressure despite BoG’s dollar intervention as demand for forex surges
The local currency has come under renewed pressure against the major international currencies despite significant foreign exchange interventions by th [...]
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
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
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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