The Bank of Ghana (BoG) is yet to release the Exchange Rates for Monday the 7th of November 2022 however available information shows the cedi losing some value during the weekend.
The BoG announced rates for Friday were as follows.
$1 was worth Ghs13.0017 when you are buying and GHS13.0147 when selling. The Pound started at 1 pound at GHS14.5346 for buying and GHS14.5517 for selling whiles the Euro was bought at GHS12.6818 and sold at GHS12.6945.
We expect the Bank of Ghana to announce the first business day exchange rates for the three major currencies.
However, what is likely to be the rate ranges can be projected from the exchange rates quoted on Saturday 5th, and Sunday 6th of November 2022 by ₵edi Rates @CediRates on Twitter.
Updates provided by ₵edi Rates @CediRates for Saturday 5th November 2022
1 USD ➔ ₵ 13.75
1 GBP ➔ ₵ 15.64
1 EUR ➔ ₵ 13.62
₿ 1 BTC ➔ ₵ 292,820
Updates provided by ₵edi Rates @CediRates for Sunday 6th November on Twitter have already shown that
1 USD ➔ ₵ 13.83
1 GBP ➔ ₵ 15.74
1 EUR ➔ ₵ 13.70
₿ 1 BTC ➔ ₵ 293,119
Sun 6 Nov 2022, 6:40 AM
💵 1 USD ➔ ₵ 13.83
💷 1 GBP ➔ ₵ 15.74
💶 1 EUR ➔ ₵ 13.70
₿ 1 BTC ➔ ₵ 293,119Cedi say to yourself: “I activate my inner yeast” – @AlhajiSpe pic.twitter.com/QqMNlQaWcZ
— ₵edi Rates (@CediRates) November 6, 2022
READ: Exchange rate projections for Monday 7th November based on BoG rates
What are the BoG Exchange Rates for 7th November 2022?
The Bank of Ghana is yet to release its official update on the interbank exchange rates for 7th November 2022 at the time of this publication.
More updates coming
READ: MAS, BoG & Dev. Bank of Ghana to develop Integrated Financial Ecosystem
It is hoped that the Cedi will appreciate and start the week of business strongly as the government continues to put in place the right policies and systems to tame the further fall of the already weakened Ghanaian cedi.