cedi – Eastern FM 105.1

Cedi Strengthens to ₵11.9 Against the Dollar Amid BoG Intervention

October 14, 2025 Jasmine Adjei

The Ghanaian cedi has regained strength, now trading at GH₵11.9 to the U.S. dollar after briefly slipping to nearly GH₵13 in recent weeks. According to the Bank of Ghana, the earlier depreciation was driven by seasonal import demands ahead of Christmas and expectations of increased government spending before the elections. To stabilize the currency, the central bank injected $1.15 billion into the market to boost foreign exchange liquidity and reduce volatility. Despite short-term fluctuations, the cedi remains Africa’s top-performing currency in 2025, appreciating over 20% since January, as highlighted in…

Cedi’s Momentum Slows Due To Market Pressures

September 17, 2025 Jasmine Adjei

In a data provided by the Bank of Ghana, the Ghanaian cedi’s impressive rise against the U.S. dollar has narrowed significantly, with its year-to-date appreciation falling to 21% in September 2025 down from a peak of 42.6% in June. With the cedi trading at GH¢12.15 per dollar on the interbank market, the currency has shed nearly 20% of its value since June, erasing a portion of the gains that had previously placed it among the world’s top-performing currencies. Its performance against other major currencies has been mixed. In September, the…