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The Ghanaian cedi has continued to record a slight appreciation against major international currencies, particularly the US dollar, following weeks of volatility that saw it breach the government’s GH¢12 target on the interbank market.
As of Thursday, October 23, 2025, data from the Bank of Ghana (BoG) shows the cedi trading at GH¢10.72 to the dollar, reflecting a modest recovery after a period of sustained depreciation.
Although inflation has been easing, the local currency still faces moderate pressure on both the interbank and forex markets, according to market analysts.
Bank of Ghana Interbank Rates
- Dollar – Buying at GH¢10.71, Selling at GH¢10.72
- Pound – Buying at GH¢14.32, Selling at GH¢14.34
- Euro – Buying at GH¢12.45, Selling at GH¢12.46
Forex Bureau Rates
- Dollar – Buying at GH¢12.00, Selling at GH¢12.50
- Pound – Buying at GH¢15.80, Selling at GH¢16.80
- Euro – Buying at GH¢13.70, Selling at GH¢14.60
Despite the cedi’s marginal gains, traders caution that sustained currency stability will depend on improved foreign exchange inflows, tighter monetary management, and continued progress in macroeconomic reforms.
