Cedi Holds Ground Despite July Depreciation as BoG Maintains Forex Lifeline
Ghana's cedi weakened 2.91% against the dollar in July but remains supported by Bank of Ghana's consistent forex interventions and recent IMF funds.
Cedi weakens to 11.68 against dollar as forex pressures persist
The Ghanaian cedi traded at 11.68 per dollar on Monday, reflecting ongoing currency volatility in the forex market.
Ghana cedi slides 9.5% against dollar in first seven months of 2026, widening forex pressures
Ghana's cedi has weakened significantly against major currencies in 2026, with sustained pressure on foreign exchange supply despite stable gold reserves.