Ghana's local currency, the cedi, has strengthened against major currencies, especially the US dollar.As of November 29, 2024, the Bank of Ghana reported that the cedi is being bought at GH¢15.36 and sold at GH¢15.38 to the dollar. For the British Pound, the buying price is GH¢19.48 and the selling price is GH¢19.50. The Euro is being bought at GH¢16.21 and sold at GH¢16.22.

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According to checks by GhanaWeb Business at 10:00 AM on November 29, 2024, some forex bureaus are selling the US dollar for GH¢16.50, the British Pound for GH¢20.60, and the Euro for GH¢17.65.Despite this recent improvement, the cedi's decline against major currencies in the past has added pressure to Ghana's economy. To address this, the Bank of Ghana has sold more than 200 million dollars to stabilize the cedi.

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As a result, the exchange rate has improved from GH¢17.20 to GH¢15.90 to the dollar. This positive shift will likely help lower the cost of fuel and other goods in the country.See the Bank of Ghana and forex bureau rates below:<img src="

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