Ghana's local currency, the cedi, has recorded marginal gains against major trading currencies, particularly the US dollar, ...
Ghana's local currency, the cedi, has recorded marginal gains against major trading currencies, particularly the US dollar, at some forex bureaus.
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As of January 17, 2025, the Ghana cedi had depreciated by 2.94% to the US dollar on the retail market, taking its ...
The Bank of Ghana (BoG) has announced that the Ghanaian cedi depreciated by 19% as against the US dollar in 2024 .
The Ghanaian cedi has depreciated against the United States dollar, with GHS15 . 25 buying rate per dollar and the selling ...
A stronger US dollar globally has made Ghana’s dollar debt even more expensive. This creates a vicious cycle where a weakening currency increases debt costs, leading to further borrowing and ...