Tag Archives: Dollar

London-based Economist Intelligence Unit (EIU) is expecting the cedi’s end of year rate against the dollar to hit ¢7.87 as captured in its April 13, 2022, assessment of the Ghanaian economy. The expected depreciation of the local currency against the dollar for the next eight months of this year, according …

The local currency is back into free-fall mode against its major counterpart trading currency, the US dollar, as it records its highest depreciation since beginning of the year, B&FT analysis has shown. Data from the Bank of Ghana (BoG) interbank FX rates show as of Tuesday, 7 September 2021, the …