Ghana’s cedi has recorded a marginal appreciation on the interbank market, particularly against major international currencies such as the US dollar, according to the Bank of Ghana’s latest update.
As of the most recent figures, the cedi is trading at a buying rate of GH¢10.29 and a selling rate of GH¢10.30 to the US dollar.
The Bank also reported that the British pound is trading at GH¢13.86 (buying) and GH¢13.88 (selling), while the euro is quoted at GH¢11.86 (buying) and GH¢11.87 (selling).
However, checks by GhanaWeb Business on June 23, 2025, at 8:20 AM, show higher rates in the retail market. At some forex bureaus across the country, the cedi is trading at GH¢12.25 to the dollar, with the pound selling at GH¢16.95 and the euro at GH¢14.75.
In a related development, the Bank of Ghana has confirmed that Ghana is expected to receive a US$360 million disbursement from the International Monetary Fund (IMF) in July 2025. The inflow is anticipated to bolster foreign reserves and help further stabilise the local currency in the coming months.
