Ghana’s local currency, the cedi, has maintained the gains it made earlier this week, holding steady against the US dollar while appreciating slightly against the euro and the pound on the interbank market.
In its daily update, the Bank of Ghana noted that the cedi is trading at a buying price of GH¢10.29 and a selling price of GH¢10.30 to the US dollar as of June 19, 2025.
The British pound is being bought at GH¢13.86 and sold at GH¢13.88, while the euro is trading at a buying price of GH¢11.86 and a selling price of GH¢11.87.
Checks by GhanaWeb Business on June 19, 2025, at 8:30 AM, indicate that the cedi is trading at GH¢12.00 to the dollar, while the pound is selling at GH¢16.90 at some forex bureaus across the country.
Additionally, the euro is trading at GH¢14.70 on the retail market.
Meanwhile, the Bank of Ghana has announced that Ghana is expected to receive $360 million from the IMF in July 2025, a move expected to further stabilise the cedi.
SSD/MA
