Ghana news briefing
Cedi depreciated by 3.1% to dollar in July, increasing year-to-date loss to 10.4%
By GhanaSummary Newsroom1 min read
In the interbank market, it is trading at GH¢ According to the Bank of Ghana, the cedi depreciated by approximately 8.
According to market analysts, the foreign exchange demand rebounded in July 2026 after June’s retreat, partly due to energy and other imports.
The poor performance has been due to sustained import demand and cautious forex supply conditions, with sentiment influenced by recent financial position concerns of the Bank of Ghana.
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