Ahead of the presentation of the 2022 budget statement to Ghana’s parliament later in the week, the Cedi extended its week-on-week gains against the Pound and the Euro for the
Currency News for November 8, 2021
After a surprise shift in policy directions of major international central banks, the Cedi registered a reprieve as it posted its first week-on-week rise in seven weeks against the Dollar
Currency News for November 1, 2021
Persistent and increasing support for the Cedi by the nation’s central bank has failed to revamp the falling local unit as the Cedi opened the week nursing losses against the
Currency News for October 25, 2021
Pressures on the local currency intensified this week as the Cedi fell across the board against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank
Currency News for October 18, 2021
The Ghana Cedi fell across the board against its three major trading peers on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market (oanda.com) as
Currency News for October 11, 2021
Despite increasing support by Ghana’s central bank, the Ghana Cedi began the week nursing losses against the Dollar as growing demand for forex surpasses supplies in the currency space. The
Currency News for October 4, 2021
The Ghana Cedi began the week mixed against its major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market (oanda.com). The
Currency News for September 27, 2021
After two weeks’ of improving performance, the Ghana Cedi lost steam as it began the week nursing losses against the Dollar, the Pound, and the Euro on the Open Forex
Currency News for September 20, 2021
The Cedi maintained its momentum as it began the week building on last week’s gains against some of its major trading partner currencies on the Open Forex Market (oanda.com). On
Currency News for September 13, 2021
The Cedi, boosted by the central bank’s increasing intervention, posted its first week-on-week gain in four months against the Dollar at the start of the week on the Bank of
Currency News for September 6, 2021
The Cedi’s weakness further worsened as it began the week nursing losses across the board against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank
Currency News for August 30, 2021
The Ghana Cedi remained under pressure as it began the week nursing losses across the board against its three major trading partner currencies on the Bank of Ghana (BoG) inter-bank