Tag Archives: Pound

The Ghana cedi lost about 1.94% value to the US dollar last week to trade at an average of ¢13.0. The local currency closed the week at an indicative rate of ¢11.01/$1 on the interbank market.     Bank of Ghana Exchange Rates pic.twitter.com/PeFvTwftQT — Bank of Ghana (@thebankofghana) February …

The depreciation pressures on the Ghana cedi continued unabated as the local currency sold at ¢12.45 to the US dollar at the forex bureaus or the retail market. This translates into 2.8% depreciation of the local currency to the world’s most powerful currency, just in a single day. At the …