Cedi trades at GH¢13.90 to a dollar on the interbank market on May 5

Read Article

Comments (33)

This article is closed for comments.

Read Comments Comments (33)

Chief 7 months ago

Hahahaha. If we have the strength, let the rate stay at Ghc6 to a dollar to avoid dumping of foreign goods and save local industry. We should channel the gains to machinery to propel industrialisation. Piaw!

Hahahaha. If we have the strength, let the rate stay at Ghc6 to a dollar to avoid dumping of foreign goods and save local industry. We should channel the gains to machinery to propel industrialisation. Piaw!
The akyem sakawa mafia came to LOOT! 7 months ago

Aban papa aba. JM gye wo two.piaaaawww

Aban papa aba. JM gye wo two.piaaaawww
Francis 7 months ago

Is the appreciation of the Cedi due to good government policy intervetions or is it because the Dollar is depreciating?

Is the appreciation of the Cedi due to good government policy intervetions or is it because the Dollar is depreciating?
Ebenezer Ayim 7 months ago

Funny enough,the government is not taking credit for this, according to the government,it is due to some external factors. The US dollar is really depreciating internationally because of the trade war between Americans and Ch ...
read full comment

Funny enough,the government is not taking credit for this, according to the government,it is due to some external factors. The US dollar is really depreciating internationally because of the trade war between Americans and China. I think the government should rather find a way to sustain it.
Azorko 7 months ago

Then what about the Euros and pounds falling as well?
U henpp pipos

Then what about the Euros and pounds falling as well?
U henpp pipos
Billy Bones 7 months ago

Fool the dollar controls the other currencies,let price of kenkey be 3cedis cos dollar has falken

Fool the dollar controls the other currencies,let price of kenkey be 3cedis cos dollar has falken
Kotibrim 7 months ago

Kenkey is 3ghs at James Town!!!

Kenkey is 3ghs at James Town!!!
OSAAAAY NDC 7 months ago

Well done MAHAMA

Well done MAHAMA
Ekua. Thompson 7 months ago

The price of goods is rather going higher and higher . Aban papa

The price of goods is rather going higher and higher . Aban papa
ASUBROFO 7 months ago

MAHAMA IS RESETING GHANA, ABAN PAPA:

MAHAMA IS RESETING GHANA, ABAN PAPA:

ADU BOATENG 7 months ago

So why did the reporter add that the bank of Ghana sold US $200m in the last quarter of 2024? Is the reporter trying to play mischief by sighting something that happened over six months ago or what? What has selling of USD 20 ...
read full comment

So why did the reporter add that the bank of Ghana sold US $200m in the last quarter of 2024? Is the reporter trying to play mischief by sighting something that happened over six months ago or what? What has selling of USD 200m in October 2024 got to do with the current performance of the Cedi in May 2025? What sort of mischievous reporting is this?
Citizen vigilante 7 months ago

Another disappointed ndc foot soldier

Another disappointed ndc foot soldier
Man of GOD 7 months ago

Thank you mahama

Thank you mahama
Osika 7 months ago

This is opportunity for government to strengthen the economy.
Because of the trad war every country currency is appreciation

This is opportunity for government to strengthen the economy.
Because of the trad war every country currency is appreciation
NDC 7 months ago

Please after the end of the trade between China and US what will be next

Please after the end of the trade between China and US what will be next
Bitter truth 7 months ago

@osika, u are 100% right.. the govt of Ghana needs to take advantage and strengthen the cedi to the dollar..also Mahama needs to set up a task force for price control..even tough the cedi is appreciating against the major cur ...
read full comment

@osika, u are 100% right.. the govt of Ghana needs to take advantage and strengthen the cedi to the dollar..also Mahama needs to set up a task force for price control..even tough the cedi is appreciating against the major currencies especially the dollar yet some market women are refusing to reduce their goods and services..Mahama needs to deploy price control into the markets so they can see to it that Ghanaians are feeling the appreciation of the cedi..most market women are still wicked and adamant..they refuse to reduce their goods and services..Mahama please deploy some price control into the markets..they cannot be using old prices especially when the cedi is appreciating against the dollar and major currencies..
Ignorant NDC fool soldiers 7 months ago

The strength of a country's currency depends on the strength of the country's economy and total foreign debt on the country's neck. Kufour was able to bring the value of the then new Ghana Cedi at par with the US dollar at th ...
read full comment

The strength of a country's currency depends on the strength of the country's economy and total foreign debt on the country's neck. Kufour was able to bring the value of the then new Ghana Cedi at par with the US dollar at the time because after Ghana's external loans were forgiven because of HIPIC, Ghana ended up with no external debt whereas it continued to increase its foreign reserves. With a relatively good economy at the time, Ghana's economy became better compared to the American economy at the time, hence the value of Ghana Cedi was able to be pegged equal to the American dollar. At some point the Ghana Cedi was even stronger than the dollar. However, the Ghana Cedi fortunes turned downward during Mills' Presidency, and it has continued its deterioration to up to date
Bigname 7 months ago

Please give credit to JM, and stop fooling.

Please give credit to JM, and stop fooling.
Bitter truth 7 months ago

Mahama if this is because of your policies, then the good people of Ghana really thank you..but some people too are saying because the dollar is depreciating globally because of trade war..whatever it is, the good and sensib ...
read full comment

Mahama if this is because of your policies, then the good people of Ghana really thank you..but some people too are saying because the dollar is depreciating globally because of trade war..whatever it is, the good and sensible Ghanaians are really happy about this development..Ghanaians have suffered enough..we need good governance..Mahama thank u..sustainability is key..if the appreciation of the cedi to dollar can be sustainable in the long term, it’s really going to help Ghanaians and the economy..more fire Mahama..please bring the goalless to cedi to 5cedis..fuel price shoukd be 5cedis per liter..Chabge is sometimes good..
Ryey 7 months ago

Of course

Of course

Billy Bones 7 months ago

U are talking as if it has reflected in our pockets,so does it mean kenkey is coming down to 3 Cedis,and milk 5 Cedis,it's totally a joke

U are talking as if it has reflected in our pockets,so does it mean kenkey is coming down to 3 Cedis,and milk 5 Cedis,it's totally a joke
SA 7 months ago

Good, we want it to come to 1 US Dollar to 5 Cedis, it will be 1 to 10 by the end of this month, the fundamentals are right, bye bye to useless NPP government for the next 100 years.

Good, we want it to come to 1 US Dollar to 5 Cedis, it will be 1 to 10 by the end of this month, the fundamentals are right, bye bye to useless NPP government for the next 100 years.
Hannan 7 months ago

;)) Welcome to the best adult dating site >> Fun4.top

;)) Welcome to the best adult dating site >> Fun4.top
Abrewatia 7 months ago

Thank you Ato

Thank you Ato
Zek 7 months ago

Is the dollar that's weak at the moment.

Is the dollar that's weak at the moment.
Mens 7 months ago

Ei uncle Ato...

Ei uncle Ato...
Nana yaw 7 months ago

Still Russia and Ukraine?
NPP and Global War

Still Russia and Ukraine?
NPP and Global War
Wayo 7 months ago

NPP , start bringing the dollars you stole. Thieves, mother serpent is Cecilia Dapaah.......npp.........shame oooooop

Well done NDC

NPP , start bringing the dollars you stole. Thieves, mother serpent is Cecilia Dapaah.......npp.........shame oooooop

Well done NDC
.mr amin 7 months ago

More vim

More vim
Ghanaman 7 months ago

The situation in the country is the result of the currency fall because businesses are not moving, most stores are closed because of fire outbreaks everything in the market are still expensive

The situation in the country is the result of the currency fall because businesses are not moving, most stores are closed because of fire outbreaks everything in the market are still expensive

Edward kokote 7 months ago

is not through cedis is 19.30 per 1 dollar

is not through cedis is 19.30 per 1 dollar
Ibrahim yussif 7 months ago

Fashion and design

Fashion and design
Citizen vigilante 7 months ago

This has got nothing doing with good governance, the dollar is depreciating because of the trade war between America, China and the rest of the countries that are at trade war with America, we don't want to hear any nonsense ...
read full comment

This has got nothing doing with good governance, the dollar is depreciating because of the trade war between America, China and the rest of the countries that are at trade war with America, we don't want to hear any nonsense from the pad government

33 Comments

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

Cedi trades at GH¢13.90 to a dollar on the interbank market on May 5

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (33)

Read Comments Comments (33)