The Cedi’s abysmal performance in the first half of the year has been widely attributed to the monetary policy normalization in the advanced economies, the downgrade of government credit ratings,
Currency News [July 18, 2022]
The Cedi resumed its freefall against its three major trading partner currencies after registering some gains against the Pound and the Euro over the past few weeks. The Cedi remained
Currency News [July 12, 2022]
As fears of high inflation and slowing economic growth weigh on markets, investors continue to seek solace in the Dollar and other safe havens at the expense of emerging market
Currency News [July 04, 2022]
The Cedi responded to news that Ghana was heading to the IMF for a bailout with a mixed performance against its three major trading partner currencies. The news did little
Currency News [June 27, 2022]
Weaknesses in the local currency worsened as the Cedi opened the week nursing losses against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading
Currency News [June 20, 2022]
The ongoing tight Cedi funding challenges weighed on the Cedi as the local currency began the week nursing losses against its three major trading partner currencies on the Bank of
Currency News [June 13, 2022]
The Ghana Cedi opened the week mixed against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market (oanda.com).
Currency News [June 6, 2022]
The Cedi was mixed at the start of the week against its three major trading partner currencies after a disappointing performance last week where it fell across the board against
Currency News [May 30, 2022]
The Cedi this week fell across the board against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market
Currency News [May 23, 2022]
The Ghana Cedi fell flat across the board at this week’s open against its three major trading partner currencies after briefly recovering some of its losses suffered in the first
Currency News [May 16, 2022]
The local currency traded mixed against a set of trading partner currencies this week as the world continues to grapple with stubbornly high inflation numbers with Ghana having its share
Currency News [May 9, 2022]
In a week that saw the Ghanaian government issue five separate papers spanning from short to medium-terms, the Cedi opened the week holding onto its current momentum as it extended