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Ghana Cedi ranks as the 7th strongest currency in Africa

Summary by ghanamma.com
The Bank of Ghana reported that the Cedi depreciated by 5.3% on the interbank market within the first three months of 2025. However, its decline against the US dollar in the retail market was comparatively lower, standing at nearly 3.0%. Africa’s strongest currencies At the top of the rankings was Tunisia’s Dinar, which recorded an […] The post Ghana Cedi ranks as the 7th strongest currency in Africa appeared first on Ghanamma.com.
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ghanamma.comghanamma.com

Ghana Cedi ranks as the 7th strongest currency in Africa

The Bank of Ghana reported that the Cedi depreciated by 5.3% on the interbank market within the first three months of 2025. However, its decline against the US dollar in the retail market was comparatively lower, standing at nearly 3.0%. Africa’s strongest currencies At the top of the rankings was Tunisia’s Dinar, which recorded an […] The post Ghana Cedi ranks as the 7th strongest currency in Africa appeared first on Ghanamma.com.

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pulse.com.ghpulse.com.gh

Ghana Cedi becomes the 7th strongest currency in Africa at end of Q1 2025

The Ghanaian Cedi has been ranked as the seventh strongest currency in Africa as of the end of the first quarter of 2025, with an estimated exchange rate of GH¢15.48 to one US dollar. READ ALSO: Ghana's Cedi set for a huge comeback following the IMF’s $3 Billion bailout This ranking was determined using the Forbes currency calculator. According to the Bank of Ghana, the Cedi depreciated by 5.3% in value on the interbank market during the first q…

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News GhanaNews Ghana

Ghanaian Cedi Ranks Among Africa’s Strongest Currencies

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghanaian-cedi-ranks-among-africas-strongest-currencies/The Ghanaian cedi has been named Africa’s seventh strongest currency in the first quarter of 2025, according to a Forbes currency index report, trading at GH₵15.48 to the US dollar. Despite this ranking, the cedi depreciated 5.3% on the interbank market and 3.0% in retail markets during the quarter, r…

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The Vaultz NewsThe Vaultz News

Ghana Cedi’s True Value Is GH¢18 Despite Q1 Ranking

RelatedPosts New SEC Boss Vows to Boost Investor Confidence and Market Awareness GSE Market Cap Hits GHS 137 Billion as MTN Ghana Leads Gainers GSE Market Review: Composite Index Dips as Financial Stocks Strengthen Ghana’s local currency, the cedi, has been ranked as the 7th strongest currency in Africa at the end of the first […]

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The Vaultz News broke the news in on Wednesday, April 2, 2025.
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