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…
Read MoreCedi’s Momentum Slows Due To Market Pressures
