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.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.For other notable currencies, the British pound was trading at GH¢18.17 for buying and GH¢18.

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19 for selling, while the euro was exchanged at GH¢15.28 and GH¢15.30, respectively.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.

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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.<img src="

alt="" class="wp-image-736618" />Exchange rates

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