Tag Archives: US dollar

The Ghana cedi remained stable in June 2023 and July 2024 against the US dollar, indicating the positive impact of the International Monetary Fund (IMF) programme on Ghana. According to data from the Bank of Ghana, the cedi’s Year-To-Date depreciation stood at 22.1% as of July 21, 2023. This is …

President Nana Addo Dankwa Akufo-Addo says efforts are being made to halt the ongoing depreciation of the Cedi against the US Dollar.   According to the President, the development is of concern to him, just as it is for the business community and the ordinary Ghanaian.   For some time …

The Ghana cedi is now trading above 6 cedis as demand for the American ‘greenback’ continues to surge. Data from Reuters and Databank Research indicates that a dollar is going for more than ¢6. Also, the forex bureaux are selling the local currency between ¢6.1 and ¢6.14 to a dollar. …