Tag Archives: CEDIS

On the Interbank forex rates from the Bank of Ghana today, July 6, 2022, the Ghana Cedi is trading against the dollar at a buying price of 7.2409 and a selling price of 7.2481. As compared to yesterday’s trading of a buying price of 7.2309 and a selling price of 7.2381. At …

The Chairman of the Conference of Principals of Colleges of Education (PRINCOF), Dr. Emmanuel Nyamekye has confirmed that some colleges have begun receiving their cheques for their feeding grants as announced by the government. Government through the Education Ministry on Wednesday, April 20, announced that some GH¢ 67 million have …

Director of the Institute of Statistical, Social and Economic Research (ISSER), Prof Peter Quartey, has indicated that the main cause of the depreciation of the Ghana Cedi is speculation by Ghanaians. According to him, speculations that the Cedi will further depreciate against the major currencies encourage people to buy more …

On the Interbank forex rates from the Bank of Ghana today, March 8, 2022, the Ghana Cedi is trading against the dollar at a buying price of 6.9984 and a selling price of 7.0054. As compared to Friday’s trading of a buying price of 6.9974 and a selling price of 7.0044. At …

On the Interbank forex rates from the Bank of Ghana today, February 28, 2022, the Ghana Cedi is trading against the dollar at a buying price of 6.5971 and a selling price of 6.6037. As compared to Friday’s trading of a buying price of 6.5971 and a selling price of 6.6037. At …

President Nana Addo Dankwa Akufo-Addo has assured of efforts being made to curtail the ongoing depreciation of the country’s local currency against the United States Dollar. Since the beginning of this year, the Ghana cedi has depreciated by 4.70 percent in 45 days to the US dollar while selling on the …

• The cedi traded against the dollar at a mid-rate of 5.7512 • It trade value against the Pounds Sterling stands at 8.1222 mid-rate • The Euro, however, went up at a mid-rate of 7.0070 On the interbank board today, June 10, 2021, the Ghana cedi is trading against the …

On the interbank board today May 18, 2021, the Ghana Cedi trading against the dollar at a buying price of 5.7276 and a selling price of 5.7334 as compared to yesterday’s trading of a buying price of 5.7276 and a selling price of 5.7334. It is trading against the Pound …

In the Republic of Ghana, the sole legal tender is the Ghana Cedi and Ghana Pesewa. The Foreign Exchange Act of 2006, Act 723, prohibits pricing, advertising, and receipt or payment for goods and services in foreign currency in Ghana. Consequently, it is imperative to continually assess the strength of …

The further weakening of the Ghanaian Cedi against the U.S. dollar will worsen the impact of coronavirus pandemic, the International Monetary Fund has said. Since late February 2020, the Cedi has consistently depreciated against the dollar by -2.46 percent, year to date, and -7.34 percent year-on-year. The IMF in its …