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    You are at:Home»News»Cedi trading at GH¢10.92 to $1 on the interbank market
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    Cedi trading at GH¢10.92 to $1 on the interbank market

    Papa LincBy Papa LincNovember 5, 2025No Comments1 Min Read6 Views
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    Cedi trading at GH¢10.92 to  on the interbank market
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    Ghana’s cedi showed signs of marginal stability on the interbank market on Wednesday, November 5, 2025, maintaining its value at GH¢10.90 to the US dollar, the same rate recorded at the end of October.

    While the rate’s consistency suggests temporary calm, some business analysts caution that the currency’s inability to appreciate reflects underlying pressure from major foreign currencies.

    They warn that without a meaningful rebound, the cedi remains vulnerable to external shocks and fiscal headwinds as the year draws to a close.

    With the impending 2026 national budget presentation, market watchers are closely monitoring how the government’s fiscal measures will influence the cedi’s outlook, particularly in relation to the US dollar.

    Here’s how the cedi is faring on the Bank of Ghana interbank market:

    Cedi opens November trading at GH¢10.90 to $1

    • Dollar – Buying at GH¢10.91, Selling at GH¢10.92

    • Pound – Buying at GH¢14.23, Selling at GH¢14.25

    • Euro – Buying at GH¢12.53, Selling at GH¢12.56

    Here’s how the cedi is trading at the forex bureaus

    • Dollar – Buying at GH¢11.60, Selling at GH¢12.10

    • Pound – Buying at GH¢15.10, Selling at GH¢16.10

    • Euro – Buying at GH¢13.20, Selling at GH¢14.10

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