As the government prepares to present to the nation its 2021 budget statement, the Cedi extended its bullish performance against its three major trading partner currencies on both the Bank
Currency News for March 1st 2021
The Ghanaian Cedi at the start of the week registered gains against all three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and on
Currency News for February 22nd 2021
As risk appetite improves following the gradual roll out of COVID-19 vaccines, investors are beginning to unwind their investments in safe-haven currencies and assets. The Cedi at the start of
Currency News for February 15th 2021
The Cedi this week extended its continuous run against the US Dollar on the Open Forex Market (oanda.com) for the sixth consecutive time as slow demand for forex coupled with
Currency News for February 8th 2021
As the gradual rollout of COVID-19 vaccines began to boost investor’s appeal for risky assets, the Ghanaian Cedi harnessed this development to further extend its relative stability against its three
Currency News for February 1st 2021
The Ghanaian Cedi rose this week to recover from previous week’s dip against the US Dollar on the Bank of Ghana (BoG) inter-bank trading platform as demand for the Dollar
Currency News for January 25th 2021
As risk aversion continues to dominate investors’ sentiments following a continuous rise in COVID-19 cases, the Ghanaian Cedi this week registered losses against its three major trading pairs on the
Currency News for January 18th 2021
The Ghanaian Cedi at the start of the week extended its weekly gains against its three major trading pairs on the Open Forex Market (oanda.com). The Cedi looks set to
Currency News for January 11th 2021
The Cedi at the start of the week showed signs of a positive trajectory into the new year as it recorded gains against its three major trading partner currencies on
Currency News for January 4th 2020
The Ghanaian Cedi after closing the previous year with an impressive year-to-date performance struggled to post gains against its three major trading partner currencies on both the Bank of Ghana
Currency Rates for December 29th 2020
Bank of Ghana Inter-bank Forex rates Current Previous Weekly Change (%) Year-to-date USD 5.7351 5.7221 0.23% -3.58% GBP 7.7383 7.6138 1.64% -6.29% EUR 7.0329 6.9858 0.67% -13.69% Open
Currency News for December 21st 2020
The Ghanaian Cedi remained calm this week against the US Dollar despite heightened political tensions following the refusal of the main opposition party in the just ended December elections to