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    You are at:Home»Business News»Ghana Cedi Steady at GH¢10.30 Against Dollar
    Business News

    Ghana Cedi Steady at GH¢10.30 Against Dollar

    Chinomso SundayBy Chinomso SundayJune 18, 202501 Min Read
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    Naira, Cedi Among Worst-Performing Currencies in Africa
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    Ghana’s local currency, the cedi, has seen a slight appreciation on the interbank market against major trading currencies, particularly the US dollar.

    According to the Bank of Ghana’s daily update, the cedi is currently trading at a buying price of GH¢10.29 and a selling price of GH¢10.30 to the dollar.

    The British pound is being bought at GH¢13.90 and sold at GH¢13.92, while the euro trades at a buying price of GH¢11.87 and a selling price of GH¢11.88.

    Ghana's Cedi Drops 21% Against US Dollar

    However, checks by GhanaWeb Business on June 18, 2025, at 8:40 AM reveal that the Ghanaian currency is going for GH¢12.00 to the dollar at some forex bureaus. The pound is selling at GH¢16.90, while the euro is trading at GH¢14.75 in the retail market.

    Meanwhile, the Bank of Ghana has announced that Ghana is expected to receive \$360 million from the International Monetary Fund (IMF) in July 2025, a move aimed at further stabilising the cedi.

    Bank of Ghana Cedi IMF
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    Chinomso Sunday

    Chinomso Sunday is a Digital Content Writer at News Central. Her expertise spans special reports, developmental insights, and investigative journalism. Additionally, she holds roles as an Editor, Online Reputation Manager, and Digital Marketing Strategist, contributing her combined skills to her professional endeavours.

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