The Cedi traded higher against its three major trading partner currencies at the week’s open on the Bank of Ghana (BoG) inter-bank trading platform buoyed by easing demand pressures for
Currency News [June 19, 2023]
The Cedi sustained losses at the week’s open against its three major trading partner currencies as a slew of major central banks rate hikes displaces emerging market currencies. Portfolio outflows
Currency News [June 12, 2023]
The Ghana Cedi remained pressured at the week’s open against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex
Currency News [June 5, 2023]
The Cedi failed to ride on improving risk sentiments after calm began to slowly creep into the global financial market following the US Senate’s passage of a bill last week
Currency News [May 29, 2023]
There was renewed pressure on the local currency after the Cedi opened the week erasing portions of recent gains against its three major trading partner currencies. The positive sentiments that
Currency News [May 22, 2023]
Investors renewed their confidence in the Ghanaian economy after the International Monetary Fund (IMF) last week approved a 3-year USD 3.0 billion Extended Credit Facility to help the country navigate
Currency News [May 15, 2023]
News that Ghana had officially secured financing assurances from the Paris Club, a crucial step towards the sovereign attaining an IMF Executive Board approval, boosted confidence in the Ghanaian economy,
Currency News [May 8, 2023]
The Ghana Cedi retreated yet again against its three major trading partner currencies at this week’s open on looming signs of huge corporate demand for forex as businesses prep for
Currency News [May 2, 2023]
The Cedi lost steam at the week’s open as it extended its earlier losses against its major trading partner currencies on the Bank of Ghana (BoG) inter-bank trading platform and
Currency News [April 25, 2023]
The Cedi continued its sluggish performance against its three major trading partner currencies on the Bank of Ghana’s (BoG) inter-bank trading platform after it traded lower at this week’s open
Currency News [April 17, 2023]
After a recent streak of gains, the Ghana Cedi lost traction as it came under intense pressure last week, erasing most of the gains chalked over the past few weeks.
Currency News [April 11, 2023]
The Cedi opened the week stronger against its three major trading partner currencies after it posted significant gains on the Open Forex Market (oanda.com). On the Bank of Ghana (BoG)