cedi depreciation

By Adnan Adams Mohammed    The Monetary Policy Committee (MPC) of the Bank of Ghana has unanimously voted to maintain the Monetary Policy Rate at 14.0%, citing the need to …

By Adnan Adams Mohammed Two days ago, the nation was celebrating a historic milestone of the Ghana Cedi as the International Monetary Fund (IMF) officially crowned the Cedi as Africa’s …

After a strong appreciation to peak reach around GHC10.02 to US$1.0 averagely, the Ghana cedi has broken the chain to run loose since August this year to sell at GH¢13.10 …

The cedi has had one of its most dramatic years in recent memory. It opened in 2025 at GH₵14.7 to the dollar. By February it had weakened slightly to GH₵15.50 …

The recent depreciation of the world’s best performing currency a few months ago, the Ghana Cedi, has left many stakeholders upbeat despite heightened speculation. Data from Bloomberg indicates that the …

Bank of Ghana data indicates that the Ghana Cedi lost 5.3% in value to the US dollar from January to March this year.

    Adnan Adams Mohammed   After losing approximately 24 percent of its value against the US dollar, the Ghana Cedi is currently the fourth weakest or worst performing currency …

In its assessment of midyear budget review, the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana admitted that, the cedi has experienced significant depreciation against …

Apparently, the Central Bank MPC expects the disinflation process to continue, aiming for headline inflation to settle within the 13% to 17% range by the end of 2024.

  Adnan Adams Mohammed The Minority Caucus in Ghana’s Parliament has raised concerns over the government’s recent borrowing of GH¢7 billion from the treasury bills market to cover expenses outside …