Cedi increases this week against the dollar, with $1 currently equal to GH12.60.

This week, there has been some stability for the Ghanaian cedi relative to the dollar. The dollar sold at the Afriswap forex bureau for less than GH14, with a GH13 purchase price.

Cedi increases this week against the dollar, with $1 currently equal to GH12.60.
Cedi increases this week against the dollar, with $1 currently equal to GH12.60.

 

The exchange rate for the dollar on December 10, 2022, is GH12.60. This has been attributed to the government’s introduction of a scheme for restructuring debt.

The current strengthening of the cedi can also be linked to recent deterioration in the value of the dollar.

While the Euro is being purchased at GH12.80 and selling at GH13.70, the British pound is being purchased at GH15.00 and selling at GH16.30.

Ghana’s debts have grown to unmanageable levels, the government declared, necessitating a restructuring.

sikapa

Next Post

World Cup quarterfinalists Asamoah Gyan, Muntari, and Appiah are selected for the African dream team.

Wed Dec 14 , 2022
Here are  the African dream team of World Cup quarter-finalists Thomas N’Kono is the goalkeeper. N’Kono, the lone goalie to win the African Footballer of the Year award twice, was in goal as Cameroon advanced to the World Cup quarterfinals in 1990. He is regarded as one of the best […]
World Cup quarterfinalists Asamoah Gyan, Muntari, and Appiah are selected for the African dream team.

You May Like