Ghana's local currency, the cedi, has shown slight gains against key international currencies, including the US dollar, as observed in forex bureaus since October 2024.

0

The Central Bank's daily update reported that as of 9:00 AM on January 15, 2025, the cedi was trading at a buying rate of GH¢14.84 and a selling rate of GH¢14.85.

1

For other notable currencies, the British pound was trading at GH¢18.17 for buying and GH¢18.19 for selling, while the euro was exchanged at GH¢15.28 and GH¢15.30, respectively.

2

By 9:00 AM on January 16, 2025, GhanaWeb Business revealed that the cedi was slightly weaker at GH¢15.85 to the dollar and GH¢19.70 to the pound at major forex bureaus. Meanwhile, the euro was retailing at GH¢16.60.

3

To mitigate the currency's earlier depreciation, the Bank of Ghana injected over $200 million into the economy during the last quarter of 2024, reflecting efforts to stabilize the local currency.

4

https://tigpost.co/wp-content/uploads/2025/01/image-61.pngExchange

rates

5