The World Bank and International Monetary Fund inflows are anticipated to give the cedi some relief as the nation prepares for the customary spike in demand for foreign currency during the holiday season. Concerns have been expressed on the possible impact of the third-quarter demand season, which is less […]
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Today, January 16, 2023, the Ghana Cedi is trading against the dollar at a purchasing price of 10.3305 and a selling price of 10.3409, according to the Bank of Ghana’s Interbank Forex Rates. Please take note that these rates could vary at a currency bureau close to you. Afriswap Bureau […]
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. The exchange rate for the dollar on December 10, 2022, is GH12.60. This has been attributed to […]
Today, November 28, 2022, the Ghana Cedi is trading against the dollar at a purchasing price of 13.0985 and a selling price of 13.1117, according to the Bank of Ghana’s interbank exchange rates. Compared to Friday’s trading, which saw a price of 13.0987 for the purchase and 13.1119 for […]
As the Chad loan is in jeopardy, IMF is funding North Africa. Ghana: Crackdown on black market may not halt cedi’s fall The IMF urged the Paris Club of official creditors not to renege on their obligations to the nation because of rising oil costs. A $570 million three-year loan […]
Kennedy Agyapong, a member of parliament for Assin Central, claims he has suffered significant financial losses as a result of the depreciation of the Cedi but is powerless to voice his displeasure. In response to the Ghana Union of Traders’ Association’s decision to close several stores, Mr. Agyapong made […]
Second Deputy-Governor of the Bank of Ghana (BoG) Mrs. Elsie Addo Awadzi Second Deputy-Governor of the Bank of Ghana (BoG), Mrs. Elsie Addo Awadzi, has reassured that the situation is temporary despite high inflation and a rapidly depreciating local currency that have caused economic turmoil this year. Her organization is […]
The Ghana Cedi is trading against the dollar on the Bank of Ghana’s Interbank exchange rates for October 13, 2022, with a purchasing price of 9.7871 and a selling price of 9.7969. File photo of Ghana cedis notes Please take note that these rates could vary at a currency bureau […]