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Here is how the cedi is performing against major foreign currencies as of August 2

Cedis 300x223 1 The Cedi traded against the dollar at a mid-rate of GH¢5.8011p

Mon, 2 Aug 2021 Source: www.ghanaweb.com

• The Cedi traded against the dollar at a mid-rate of GH¢5.8011p

• Its trade value against the Pounds Sterling stands at GH¢8.0633p mid-rate

• The Euro, however, went up at a mid-rate of GH¢6.8808p


On the interbank board today, August 2, 2021, the Ghana cedi is trading against the dollar at a buying price GH¢5.7982p and a selling price of GH¢ 5.8040p to open the 30th trade week of the 2021 fiscal year.

Against the Pound Sterling, the cedi is trading at a buying price of GH¢8.0589p and a selling price of GH¢8.0676p.

With the Euro, the cedi is trading at a buying price of GH¢6.8774p and a selling price of GH¢6.8842p.

The South African Rand is trading at a buying price GH¢0.3969p and a selling price of GH¢0.3973p.

The Nigerian Naira is trading at a buying price of GH¢70.8573p and a selling price of GH¢70.8659p.

For the CFA, it is trading at a buying price of GH¢95.2844p and a selling price of GH¢95.3786p.

However, industry players have suggested the currency is going to be stable for the month of August as revenue is being mobilized by government to stabilize the economy.

Source: www.ghanaweb.com
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