Ghana's cedi has slightly strengthened against key foreign currencies like the US dollar in some forex bureaus.According to the Bank of Ghana, the official rates show the cedi being bought at GH¢15.05 and sold at GH¢15.06 per dollar. The British pound is being bought at GH¢18.54 and sold at GH¢18.56, while the euro is trading at GH¢15.68 for buying and GH¢15.69 for selling.

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However, checks by the media on January 23, 2025 reveal different rates at some forex bureaus. The cedi is exchanging at GH¢16.20 per dollar, the pound at GH¢19.60, and the euro at GH¢16.60 in the retail market.To help stabilize the cedi, the Bank of Ghana sold over $200 million in the final quarter of 2024. This intervention is part of measures to reduce the pressure on the local currency.<img

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