After posting a brief recovery supported by an announcement by the Bank of Ghana (BoG) to commence forward forex auctions, the Cedi fell against its three major trading partner currencies
Currency News For October 7th, 2019
After a brief recovery, the Ghanaian Cedi failed to build on previous week’s gains as it lost momentum at the start of the week and erased part of its gains
Currency News For September 30th, 2019
The Ghanaian Cedi at the start of the week gained momentum to post gains against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading
Currency News For September 24th, 2019
After Ghana’s economy recorded its slowest growth for the third consecutive time since the third quarter of 2018, the Cedi fell against all its trading partner currencies on both the
Currency News For September 16th, 2019
A rush for safe-haven assets and currencies following global uncertainties fuelled by attacks on Saudi Arabian refining facilities sent the Cedi tumbling against some of its major trading partner currencies.
Currency News For September 9th, 2019
Ahead of a Monetary Policy Committee (MPC) meeting to review recent economic developments to enable the MPC to position the policy rate going forward, the Cedi fell against all its
Currency News For September 2nd, 2019
The Ghanaian Cedi at the start of the week posted a mixed performance against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform
Currency News For July 29th, 2019
The Ghanaian Cedi at the start of the week gained momentum to post gains against its three major trading partner currencies on the Bank of Ghana (BoG) inter-bank trading platform.
Currency News For July 22nd, 2019
After posting a brief recovery on the Open Forex Market (oanda.com) against its three major trading partner currencies, the Cedi this week failed to maintain its resilience to build on
Currency News For July 15th, 2019
The dovish tone adopted by central banks of economies of the Cedi’s trading partner currencies gave the local currency some respite as it ended a thirteen week losing streak against
Currency News For July 8th, 2019
The Ghanaian Cedi at the start of the week gained momentum to recover parts of its recent weakness against its three major trading partner currencies on the Open Forex Market
Currency News For July 1st, 2019
The Cedi remained under intense pressure at the start of the week as it extended its losing streak against the US Dollar to twelve consecutive weeks on the Bank of