Tag: Ghana cedi to US dollar

Cedi’s downturn: Imports surge, forex shortage hits economy

Cedi’s downturn: Imports surge, forex shortage hits economy

The Ghanaian cedi’s impressive performance has taken a hit, with the currency weakening by 13% in the third quarter, erasing some of its 50% gain earl [...]
Dollar plunges to lowest level since 2023 amid tariff threats

Dollar plunges to lowest level since 2023 amid tariff threats

The US dollar has slumped to its lowest level since 2023, with the Bloomberg Dollar Spot Index falling as much as 0.8% on Friday. This decline exte [...]
Cedi gains 24.1% to dollar in May 2025 – BoG

Cedi gains 24.1% to dollar in May 2025 – BoG

The Ghana cedi gained 24.1% against the US dollar in the first five months of 2025. This is compared with a loss of 5.3% in the first quarter of 2025 [...]
Cedi recovers sharply after losing grounds against dollar last week; one dollar going for GH¢15.95

Cedi recovers sharply after losing grounds against dollar last week; one dollar going for GH¢15.95

The Ghana cedi recovered sharply after losing grounds marginally against the US dollar last week. It begun this week selling at GH¢15.95 to one Ame [...]
Cedi continues strong run against dollar; One dollar equals GH¢15.81

Cedi continues strong run against dollar; One dollar equals GH¢15.81

The cedi continued its strong run last week, appreciating against the US dollar and the other major foreign currencies on the retail market. This n [...]
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