Search

Ghana’s Cedi Expected to Continue Slide

  • Cedi weakens significantly against major currencies, falling 3.83% against the USD.
  • Market analysts foresee continued depreciation due to supply-demand imbalances and economic uncertainties.

 

Accra, Ghana – Market analysts are anticipating further weakening of the cedi in the short term, given the Bank of Ghana’s (BoG) current stance and the significant supply-demand imbalances in the market.

Recent Business

Cryptocurrency now legal in Ghana. Photo by Michael Förtsch @ Unsplash
World’s largest digital dollar USDC expands into Africa to reshape payments
Read More »
A muddy road in DR Congo. Photo by Dieuvain Musaghi @ Unsplash
Can debt-for-nature swaps unlock Africa’s financing gap amid rising borrowing costs?
Read More »
Lagos, Nigeria. © Unsplash
Is Nigeria’s capital inflow surge of $6.44bn a sign of confidence?
Read More »

Recent Politics

A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »

Latest Posts

Latest news insights