Cedi Depreciation

The Ghana cedi continued its downward trend against major international currencies over the past two weeks, as strong demand for foreign exchange outweighed substantial market support from the Bank of …

The Bank of Ghana (BoG) has increased its foreign exchange support to the market for June 2026, announcing plans to auction up to US$1.2 billion to commercial banks as the …

The Ghana cedi came under renewed pressure over the past two weeks, extending its depreciation against the major foreign currencies amid sustained demand for foreign exchange on the market. In …

The cedi was buying at 11.0145 to the dollar and selling at 11.0255 on Friday, April 10, according to data from the Bank of Ghana. The pound sterling was buying …

The Ghana cedi slipped in the last two weeks as the demand for foreign exchange builds amid external pressures. The local currency depreciated modestly across both the interbank and retail …

The cedi’s rate of depreciation against the US dollar has slowed significantly in the first week of March 2026. The local currency, which had depreciated by more than 4% earlier …