The value of Ghana's cedi has slightly improved against major currencies, particularly the US dollar, at some forex exchange points.According to the Central Bank's daily update, the cedi is being bought at GH¢15.01 and sold at GH¢15.02.The British Pound is being exchanged for GH¢18.42 to buy and GH¢18.44 to sell.The Euro is priced at GH¢15.59 for buying and GH¢15.60 for selling.
0
However, a check by GhanaWeb Business on January 22, 2025, at 8:20 AM showed that the cedi was being traded at GH¢16.20 to the dollar, while the pound was going for GH¢19.60 at some major forex bureaus in the country.The Euro was trading at GH¢16.60 on the retail market.To help stabilize the cedi, the Bank of Ghana sold over $200 million in the last quarter of 2024.
1
More News
The National Insurance Commission needs a strong leader
4 mins read
Appointments to Presidency illegal due to absence of Council of State - Minority to Mahama
2 mins read
24-hour economy is key to unlocking Ghana’s industrialization through 1D1F - Ofosu-Adjare
1 min read
24-hour economy policy will ensure cost of production is reduced - Ofosu-Adjare
2 mins read
Day 4: Elizabeth Ofosu-Adjare appears before Appointments Committee
1 min read
FIFA awards 2025 badges to 22 Ghanaian referees
1 min read
Ghana delays 370,000 tons of cocoa delivery due to poor harvest - Eric Opoku
1 min read
Decentralisation of School Feeding Programme will aid timely supply of quality food - Minister-Designate for Gender
2 mins read
Appointing individuals from all regions without prioritising competency is problematic - Prof Gyampo
2 mins read
