Cedi remains stable on the interbank market
Ghana’s local currency, the cedi, has maintained some stability against major trading currencies on the interbank market, particularly the US dollar.
In its daily update, the Bank of Ghana noted that the cedi is trading at a buying price of GH¢10.39 and a selling price of GH¢10.40 to the dollar.
It was previously bought at GH¢10.34 and is selling at GH¢10.35 to the dollar.
The British pound is being bought at GH¢14.04 and sold at GH¢14.05, while the euro is trading at a buying price of GH¢12.15 and a selling price of GH¢12.16.
Checks by GhanaWeb Business on cedirates.com on July 11, 2025, at 7:40 AM indicate that the cedi is trading at GH¢11.95, while the pound is selling at GH¢16.20 at some forex bureaus across the country.
Additionally, the euro is trading at GH¢14.00 on the retail market.
Meanwhile, the Bank of Ghana has received $360 million from the IMF to further stabilise the cedi.
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