The cedi depreciated trading at GH¢11.49 to the dollar on the interbank market as of Monday, December 15, 2025.
This reflects the mounting pressure the cedi is facing from major foreign currencies ahead of the Christmas and New Year festivities.
However, it would be recalled that the Minister of Finance, Dr Cassiel Ato Forson, during the 2026 Budget presentation in Parliament, announced that the government is targeting a primary surplus of 1.5% of GDP in 2026, signalling 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 Ato Forson, this approach underscores the government’s goal of balancing fiscal consolidation with economic growth, ensuring financial stability while continuing to invest in critical development projects.
Debt maturities, refinancing needs and flagship projects pose medium-term test – Report
Here’s how the cedi is faring on the Bank of Ghana interbank market:
• Dollar – Buying at GH¢11.48, Selling at GH¢11.49
• Pound – Buying at GH¢15.33, Selling at GH¢15.35
• Euro – Buying at GH¢13.48, Selling at GH¢13.49
Here’s how the cedi is trading at the forex bureaus
• Dollar – Buying at GH¢12.10, Selling at GH¢12.50
• Pound – Buying at GH¢15.80, Selling at GH¢16.70
• Euro – Buying at GH¢13.70, Selling at GH¢14.60
SP/EB
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