13.1 C
London
Monday, November 10, 2025

Cedi holds steady at GH¢10.92 to $1 amid budget anticipation

Ghana’s cedi showed marginal stability on the interbank market on Monday, November 10, 2025, maintaining its value at GH¢10.92 to the US dollar.

While the consistency signals a brief period of calm, some business analysts caution that the currency’s inability to appreciate points to underlying pressure from major foreign currencies.

They warn that without a meaningful rebound, the cedi remains exposed to external shocks and fiscal headwinds, especially as the year winds down.

With the 2026 national budget presentation on the horizon, market watchers are keeping a close eye on how government’s fiscal strategies will shape the cedi’s trajectory, particularly in relation to the dollar.

Blue Gold secures $140 million to restart Bogoso-Prestea Mine

Here’s how the cedi is faring on the Bank of Ghana interbank market:

• Dollar – Buying at GH¢10.91, Selling at GH¢10.92

• Pound – Buying at GH¢14.36, Selling at GH¢14.37

• Euro – Buying at GH¢12.63, Selling at GH¢12.64

Here’s how the cedi is trading at the forex bureaus

• Dollar – Buying at GH¢11.70, Selling at GH¢12.20

• Pound – Buying at GH¢15.20, Selling at GH¢16.00

• Euro – Buying at GH¢13.20, Selling at GH¢14.00

All you need to know about Ghana’s new vehicle number plates | BizTech:

Latest news
Related news