On the Foreign Exchange Market, the Ghanaian cedi continues to depreciate and this is shown in the new Dollar to Cedi Rate which is up in nearly all banks. The Buying rate of the dollar has also crossed GHS11.00 in most banks as of 15 February 2023 while the Selling rate is heading towards GHS13.00. … Read more
The Dollar to cedi exchange rate rising faster as cedi depreciates further. Since 23rd December 2023 when the dollar started its recovery against the cedi, it has been on the ascendancy and has established a position of dominant power and influence over the cedi. On 16th December the cedi rate was pegged at GHS8.95 per … Read more
The cedi may be working hard to remain stable but, every indication in the currency market shows that the Dollar to Cedi exchange rate is going up on the open market as of December 30th 2022. There is no need for rocket signs to prove this, and the Interbank Exchange Rates of the Bank Of … Read more