Tag: Forex Market

Analyzing the US$ 214 million loss stated by the IMF in perspective, GoldBod and the Bank of Ghana have made a broader economic benefit.

Ghana’s local currency, the cedi, has stunned markets with a spectacular turnaround in October 2025, erasing all the third-quarter losses it recorded earlier in the year. Data from Bloomberg and ...

The recent resurgence of the cedi has taken the financial market by surprise, the Ghana cedi has posted one of its strongest performances in 2025, appreciating by an impressive 5% ...

The Ghana cedi has been crowned the best-performing currency in Africa for the first eight months of 2025, according to the World Bank’s October 2025 Africa Report. The international financial ...

The Bank of Ghana (BoG) has announced plans to inject USD 1.15 billion into the foreign exchange (FX) market this month in an aggressive bid to stabilize the local currency ...

At his first major media encounter on Wednesday, September 10, 2025, President John Dramani Mahama reassured Ghanaians that the cedi will only experience moderate depreciation of around 5% per annum ...

The Ghana cedi delivered a mixed performance against major trading currencies last week, reflecting both resilience and fragility in different market segments. On the retail front, the cedi appreciated modestly ...

Sammy Gyamfi, Acting Managing Director of the Precious Minerals Marketing Company (PMMC), has argued that attributing the recent strengthening of the cedi solely to Ghana’s gold reserves is misleading—if not ...

Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has assured the public that the Ghanaian cedi has remained relatively stable against the US dollar since February 19, 2025. Despite ongoing pressures ...

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 ...