Tag: Dollar

Ghana’s local currency, the cedi, has been ranked as the 7th strongest currency in Africa at the end of the first quarter of 2025. According to the Forbes currency calculator, ...

The Ghanaian cedi has staged a strong recovery after experiencing a marginal depreciation against the US dollar previous weeks. The local currency began the week trading at GH¢15.40 to one ...

The Ghanaian cedi continues its slide against the US dollar, with financial analysts projecting a challenging year for the local currency. Financial Market Expert and President of Women in Forex ...

The Ghanaian cedi showed notable resilience in the forex market last week, gaining 1.44% against the US dollar to trade at GH¢15.58 on the retail market. This positive performance reflects ...

The recent launch of the Ghana Gold Coin (GGC) by the Bank of Ghana (BoG) has stirred debate across financial and policy circles. This new initiative, introduced as part of ...

The Ghanaian cedi, already struggling with severe depreciation, faces additional pressures as the U.S. dollar strengthens amid Donald Trump’s early lead in the U.S. Presidential race. News of Trump’s prospective ...

Ms. Gifty Annor-Sika Asantewah, a Financial Market Analyst and the President of Women In Forex Ghana, has disclosed that the strengthening of the US dollar due to current economic dynamics ...

The pressure on the cedi's value has eased due to an increase in foreign exchange (FX) liquidity, especially in US dollars.  This improvement follows the Bank of Ghana's significant intervention ...

In a sad development, the Ghanaian cedi has plunged to a new low- GH¢14 against the US dollar, intensifying concerns over the nation’s economic stability. The rapid depreciation has sent ...

The Ghanaian cedi’s performance against the US dollar has been under scrutiny, as it continues to lose value on the commercial forex market. Since the beginning of 2024 up to ...