Ghana Cedi Gains Strength Against Dollar, Pound, and Euro on Interbank Market

/ Bank of Ghana reports cedi trading at GH¢11.63 to the US dollar, showing signs of continued appreciation

👉 Dollar Trading: Cedi trades at GH¢11.63 to the US dollar on the interbank market.

👉 Pound Sterling: GH¢15.62 selling price recorded at central bank level.

👉 Euro Movement: Cedi exchanges at GH¢13.12 per euro interbank.

👉 Forex Bureau Check: Dollar selling at GH¢12.50; Pound at GH¢17.20; Euro at GH¢14.50.

👉 Market Trend: Continued appreciation signals cedi stability.

The Ghana cedi records notable gains on the interbank market against major currencies
including the dollar.

Accra, Ghana – May 23, 2025: Ghana’s local currency, the cedi, continues to strengthen against major international currencies on the interbank market, reflecting growing investor confidence and improving macroeconomic stability.

According to the latest update from the Bank of Ghana, the cedi is currently trading at:

• $1 = GH¢11.62 (buying) | GH¢11.63 (selling)

• £1 = GH¢15.60 (buying) | GH¢15.62 (selling)

• €1 = GH¢13.11 (buying) | GH¢13.12 (selling)

Field checks by GhanaWeb Business on the morning of May 23, 2025, reveal that forex bureau retail rates are slightly higher than interbank rates:

• Dollar: Selling at GH¢12.50

• Pound: Selling at GH¢17.20

• Euro: Selling at GH¢14.50

The appreciation of the cedi follows recent government policy reforms, lower inflation trends, and increased foreign remittance inflows, according to analysts.

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— Bank of Ghana (@thebankofghana) May 23, 2025

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