The Cedi extended its losing streak this week as pressures continued to mount on the currency unit despite calls for calm from both the finance ministry and the central bank.
Currency News [May 20, 2024]
The Cedi extended its free fall 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) as
Currency News [May 13, 2024]
The Cedi extended its free fall 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) as
Currency News [May 6, 2024]
The Cedi remained pressured into the fifth month of the year as it began the week posting losses against its three major trading partner currencies on both the Bank of
Currency News [April 29, 2024]
The Cedi after a short reprieve where it was seen making attempts to recover some of its recent losses against its three major trading partner currencies, opened the week nursing
Currency News [April 22, 2024]
The 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) as
Currency News [April 15, 2024]
News that Ghana had reached a staff-level agreement with the International Monetary Fund (IMF) boosted the Cedi’s appeal as the local currency rose at this week’s opening to recover sections
Currency News [April 8, 2024]
After last week’s seeming resilient performance of the local currency against some of its major trading partner currencies on the back of the inflow of USD 300.0 million from the
Currency News [April 2, 2024]
News that Ghana is set to commence the second review of its three-year USD 3.0 billion programme with the International Monetary Fund (IMF) did little to revive the struggling local
Currency News [March 25, 2024]
The Cedi’s woes intensified at this week’s opening where the local currency fell across the board against its three major trading partner currencies on the Bank of Ghana (BoG) inter-bank
Currency News [March 18, 2024]
The Cedi extended its struggles against its major trading partner currencies this week on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market (oanda.com) ahead
Currency News [March 11, 2024]
The Cedi remained pressured at the week’s opening, extending its recent string of weekly weaknesses further as demand for forex by corporates and importers continued to soar. The local unit,