Tag: dollar
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Cedi Hits GH₵11.60 Against Dollar as Pressure Mounts
Ghana's currency has depreciated to GHC11.60 against the US dollar on the interbank market, according to the Bank of Ghana's latest reference rates published...
Cedi Rebounds Against Dollar After Late August Decline
Ghana's currency started September with a modest recovery against the U.S. dollar, reversing some of the losses sustained during the final week of August...
Ghana Cedi slides to three-day low as currency pressures mount
Ghana's cedi weakened significantly against major currencies this week, raising questions about the central bank's ability to stabilize the local unit.
The currency hit ₵11.26...
Strong US Jobs Data Reduces Likelihood of September Fed Rate Cut, deVere CEO Warns
The US added 206,000 jobs in June 2025, significantly exceeding forecasts and prompting deVere Group CEO Nigel Green to caution that Federal Reserve rate...
Ghana Traders Shift from Dollar to Gold Coins as Cedi Gains Strength
As the Ghana cedi continues its steady rise against the U.S. dollar, traders and investors are reevaluating their traditional reliance on foreign currency.
The Ghana...
