The cedi has depreciated slightly to trade at GH¢11.00 to the dollar on the interbank market as of Wednesday, November 19, 2025.
This shows the pressure the local currency is facing from major foreign currencies.
However, the Minister of Finance, Dr Cassiel Ato Forson, during the 2026 Budget presentation in Parliament announced that government is targeting a primary surplus of 1.5% of GDP next year, signaling a firm commitment to fiscal discipline.
He further noted that the overall fiscal deficit is projected at 2.2% of GDP on a commitment basis and 4% on a cash basis.
According to Dr Forson, this approach underscores government’s goal of balancing fiscal consolidation with economic growth, ensuring financial stability while continuing to invest in critical development projects.
Inflation back to single digits – Dr Ato Forson ‘brags’
Here’s how the cedi is faring on the Bank of Ghana interbank market:
• Dollar – Buying at GH¢10.99, Selling at GH¢11.00
• Pound – Buying at GH¢14.46, Selling at GH¢14.48
• Euro – Buying at GH¢12.75, Selling at GH¢12.77
Here’s how the cedi is trading at the forex bureaus
• Dollar – Buying at GH¢12.00, Selling at GH¢12.30
• Pound – Buying at GH¢15.30, Selling at GH¢16.20
• Euro – Buying at GH¢13.30, Selling at GH¢14.20
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