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    You are at:Home»News»Cedi trades at GH¢10.25 on June 12 on the interbank market
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    Cedi trades at GH¢10.25 on June 12 on the interbank market

    Papa LincBy Papa LincJune 12, 2025No Comments1 Min Read5 Views
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    Cedi trades at GH¢10.25 on June 12 on the interbank market
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    Ghana cedi selling at GH¢10.25 to $1 Ghana cedi selling at GH¢10.25 to $1

    Ghana’s local currency, the cedi, continues to appreciate on the interbank market against major trading currencies, particularly the US dollar.

    In its daily update, the Bank of Ghana reported that the cedi is trading at a buying price of GH¢10.24 and a selling price of GH¢10.25 to the dollar.

    The British pound is being bought at GH¢13.88 and sold at GH¢13.89, while the euro is trading at a buying price of GH¢11.76 and a selling price of GH¢11.77.

    Checks by GhanaWeb Business on June 12, 2025, at 8:20 AM indicate that the cedi is trading at GH¢11.95 to the dollar at some forex bureaus across the country. The pound is selling at GH¢16.00, while the euro is trading at GH¢14.00 on the retail market.

    Meanwhile, the Bank of Ghana has announced that Ghana is expected to receive $360 million from the International Monetary Fund (IMF) in June 2025, a move expected to further stabilise the cedi.

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