The Cedi resumed its free fall against its three major international trading partner currencies this week as it fell across the board on both the Bank of Ghana (BoG) inter-bank
Inflation Falls to a 25-Month Low in May
Inflation fell for the second consecutive time in May from a 2024 year high of 25.8% in March on the back of a significant decline in the annual inflation reading
Currency News [June 3, 2024]
The Cedi remained pressured at the week’s opening in line with a recent survey that sought to suggest that emerging market currencies will struggle to rebound this year, pressured by
Currency News [May 27, 2024]
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 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 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 [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 4, 2024]
The Cedi extended its free fall against its major trading partner currencies after the President in a State of the Nation address to parliament failed to list policies the government
Currency News [February 26, 2024]
Ahead of this week’s State of the Nation address to parliament where the president will be expected to touch on a varied number of issues including how the national currency
Currency News [October 30, 2023]
The Cedi remained pressured at this week’s opening as it continued to nurse losses against its three major trading partner currencies. It fell across the board against the Dollar, the
Currency News [October 16, 2023]
Fears of rising US interest rates, following a stronger-than-expected US inflation reading for September, kept investor sentiments towards emerging market currencies and risky assets largely negative with the Cedi seen