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    You are at:Home»News»Cedi nears GH¢11 on interbank market
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    Cedi nears GH¢11 on interbank market

    Papa LincBy Papa LincAugust 27, 2025No Comments1 Min Read3 Views
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    Cedi nears GH¢11 on interbank market
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    Ghana’s local currency, the Ghana cedi, has depreciated slightly against major trading currencies on the interbank market, particularly the US dollar.

    In its daily update on August 27, 2025, the Bank of Ghana noted that the cedi is trading at a buying price of GH¢10.97 and a selling price of GH¢10.98 to the dollar, a 3 pesewa jump from Tuesday’s price.

    Cedi slips further to sell at GH¢10.95 to $1

    The British pound is being bought at GH¢14.76 and sold at GH¢14.77, while the euro is trading at a buying price of GH¢12.76 and a selling price of GH¢12.78.

    Checks by GhanaWeb Business on cedirates.com on August 26, 2025, at 8:00 AM indicate that the Ghana cedi is trading at GH¢12.45, while the pound is selling at GH¢16.70 at some forex bureaus across the country.

    Additionally, the euro is trading at GH¢14.70 on the retail market.

    Meanwhile, the Governor of the Bank of Ghana, Dr Johnson Asiama, has noted that the cedi appreciated by 42% in the first six months of 2025.

    GhanaWeb‘s latest documentary, Sex for Fish, that explores the plights of teenage girls in coastal communities, all in an attempt to survive, is out. Watch it below:

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