14 h. ago BoG gold reserves increased by 4.7%to 36.02 tonnes in August 2025

From a little 8.78 tonnes in May 2023, the Central Bank reserves have been rising, contributing significantly to the stability of the cedi in 2025. So far this year, the cedi has appreciated by 20.35% to the US dollar despite the recent weakness of the local currency.

Politics

14 h. ago BoG gold reserves increased by 4.7% to 36.02 tonnes in August 2025

From a little 8.78 tonnes in May 2023, the Central Bank reserves have been rising, contributing significantly to the stability of the cedi in 2025. So far this year, the cedi has appreciated by 20.35% to the US dollar despite the recent weakness of the local currency.

Politics

19 h. ago Ghana Cedi Volatility Expected to Dominate Central Bank Meeting

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cedi-volatility-expected-to-dominate-central-bank-meeting/Currency volatility concerns are expected to feature prominently when the Bank of Ghana’s Monetary Policy Committee convenes on September 15, as the cedi faces pressure despite being 2025’s best-performing currency globally. The Ghana cedi has appreciated approximately 43 percent against the US dollar in 2025, ranking as Africa’s best-performing currency and globally outpacing all other […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cedi-volatility-expected-to-dominate-central-bank-meeting/

Politics

6 d. ago Cedi falls on strong demand amid weak forex support; one dollar equals GH¢12.70 at forex bureaus

In the retail market, the cedi depreciated by 5.80%, 5.44%, and 4.53% against the dollar, pound sterling, and euro, respectively, settling at mid-rates of GH¢12.50/US dollar, GH¢16.55/pound, and GH¢13.35/euro.

Politics

8 d. ago Cedi’s Sharp Fall Sparks Debate Over Timing of US$4bn Cocoa Financing

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-sharp-fall-sparks-debate-over-timing-of-us4bn-cocoa-financing/Ghana’s currency has tumbled nearly 80 pesewas against the dollar in just three days, prompting speculation about whether the depreciation reflects genuine market weakness or strategic positioning ahead of a massive cocoa loan expected before year-end. The cedi slid from approximately 10.97 to 11.75 cedis per dollar, with similar losses recorded against the pound and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-sharp-fall-sparks-debate-over-timing-of-us4bn-cocoa-financing/

Economics

1 week ago Cedi still wobbly despite appreciation – Abena Osei Asare calls for action

Former Deputy Finance Minister and Chairperson of the Public Accounts Committee (PAC), Abena Osei Asare, has expressed concern over the continued instability of the Ghanaian cedi.

Politics

1 week ago Prudential Bank MD Assures Businesses of Support to Leverage the Cedi’s Appreciation

News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/prudential-bank-md-assures-businesses-of-support-to-leverage-the-cedis-appreciation/The Managing Director of Prudential Bank Limited, Bernard Gyebi, has assured customers and businesses in Ghana of the Bank’s unwavering support to help them capitalize on the recent appreciation of the Ghana Cedi against major international currencies. Speaking at the opening ceremony of a special seminar themed “The Ghana Cedi Appreciation in 2025 – Outlook […] News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/prudential-bank-md-assures-businesses-of-support-to-leverage-the-cedis-appreciation/

Politics

2 w. ago We must ensure cedi strengthening is not artificially engineered – Kofi Bentil warns

Vice President of policy think tank IMANI Africa, Kofi Bentil, has cautioned against what he describes as the “artificial engineering” of the Ghanaian cedi’s recent appreciation, urging policymakers to adopt a more cautious and transparent approach to currency stabilisation.

Events

2 w. ago Tread cautiously on scrapping minimum capital requirement – Prof Bokpin

Finance and Economics Professor, Godfred Bokpin, has urged government to exercise caution in its plans to scrap the minimum capital requirement for foreign investors. Speaking to Joy Business at Prudential Bank’s special customer seminar on the appreciation of the cedi, Professor Bokpin said while the proposal may boost foreign investment inflows, it could also expose […]

Politics

3 w. ago Cedi appreciates against dollar in retail market but depreciates on interbank market

Its year-to-date gain stood at 31.85%, keeping its position as one of the best-performing currencies in the world.

Politics