By National Banking CollegeExchange rate movements are a critical pillar of macroeconomic stability in Ghana. Historically, ...

Since then, the value of the cedi against the US dollar has fallen to barely a third of what it used to be, with a dollar trading for GHS15.56 by early April 2025 on the interbank forex market ...

Business News of Wednesday, 16 October 2024. Source: www.ghanaweb.com 2024-10-16 Cedi-Dollar exchange rate hits GH¢16.55 as currency depreciates ...

By \xa0National Banking CollegeExchange rate movements are a critical pillar of macroeconomic stability in Ghana. Historically, the Ghana cedi has faced persistent depreciation due to factors such as ...

Ghana ends dollar-based public contracts to stabilise the cedi, enforce fiscal discipline, and prioritise local currency in ...

This is partly due to the unexpected movements in exchange rates which can either be favourable or not. 10 African currencies with strongest exchange rates against the dollar in 2021; Cedi is number 3 ...

Ghana’s central bank held an emergency meeting last week without announcing a decision on its key lending rate, sparking ...

A stable exchange rate depends on a steady supply of dollars to meet domestic demand. If $1 were to equal GH₵1, it implies that every Ghanaian holding one cedi should be able to obtain one ...

The graph tries to show what drove the deficit from $480b to $850b.Tis true, the US deficit with the non-oil exporting world (excluding Asia) did rise in 2003 and 2004 even though the dollar was ...

ACCRA, Oct 17 (Reuters) - The Ghana cedi traded broadly flat on Monday after reaching new lows last week, traders said. Jacob Brobbey of Barclay's Bank quoted the interbank cedi-dollar exchange ...

Coin Codex, an American economic and financial forecaster expects that in 2025, the exchange rate between the US dollar and the Ghanaian Cedi is anticipated to range between GHS 15.06 and GHS 16. ...