The Ghanaian cedi has shown notable stability on the forex market, maintaining steady exchange rates against major international currencies, according to the latest figures released by the Bank of Ghana.
As of Thursday, June 12, 2025, the cedi is trading at GH¢10.24 to the US dollar on the buying side and GH¢10.25 on the selling side—virtually unchanged from previous days.
The narrow spread indicates low volatility in dollar trading and reflects growing confidence in Ghana’s monetary environment.
Against the British pound, the cedi is being bought at GH¢13.88 and sold at GH¢13.89, while the euro stands at GH¢11.77 on the buying rate and GH¢11.78 on the selling side.
These rates, based on average interbank transactions from Wednesday, June 11, suggest that the cedi has remained largely stable over the past week.
Currency analysts say this relative calm on the foreign exchange market could be attributed to recent policy measures by the Bank of Ghana, including tightened monetary policy and improved forex supply from remittances and cocoa-related inflows.
The central bank’s cautious approach to rate management and its commitment to fiscal discipline have also helped ease pressure on the cedi, which faced sharp depreciation in earlier quarters due to global economic headwinds and local demand for foreign currency.
Market watchers are optimistic that if the current trend holds, it could help ease inflationary pressures and boost investor confidence in the Ghanaian economy.
Ghanaians are advised to follow updates from the Bank of Ghana and authorized financial institutions when making forex-related decisions.
