• Latest
  • Trending
Cedi bounces back; Gains over 40% against dollar in seven months

Cedi bounces back; Gains over 40% against dollar in seven months

July 30, 2025
Adabraka court adjourns Immigration Officer murder case to September 2025

Adabraka court adjourns Immigration Officer murder case to September 2025

August 22, 2025
YEA CEO announces over 300% allowance increase for sanitation workers

YEA CEO announces over 300% allowance increase for sanitation workers

August 22, 2025
Second suspect arrested in Immigration Officer murder case

Second suspect arrested in Immigration officer murder case

August 22, 2025
PAC orders Education Ministry to halt irregular allowance payments in Lambussie

PAC orders Education Ministry to halt irregular allowance payments in Lambussie

August 22, 2025
Gov’t to reward Sikaman-Brofoyedu volunteers for helicopter crash response

Gov’t to reward Sikaman-Brofoyedu volunteers for helicopter crash response

August 22, 2025
South Sudan sees Finance Minister exit position for the seventh time since 2020

South Sudan sees Finance Minister exit position for the seventh time since 2020

August 22, 2025
Military Training for National Service Personnel Will Reform Our Health Workers – NIA Deputy CEO

Military Training for national service personnel will reform our health workers – NIA Deputy CEO

August 22, 2025
Italian NGO saves migrants thrown into rough waters by armed militia men

Italian NGO saves migrants thrown into rough waters by armed militia men

August 22, 2025
Bar Association Refutes Claims of Mahama Snub

Bar Association refutes claims of Mahama snub

August 22, 2025
PAC questions YEA over 72% rent hike

PAC questions YEA over 72% rent hike

August 22, 2025
Gov’t Needs GH¢400m–GH¢500m Annually to Sustain Teacher Trainee Allowances, No Fees Stress – Haruna Iddrisu

Gov’t needs GH¢400m–GH¢500m annually to sustain teacher trainee allowances, no fees stress – Haruna Iddrisu

August 22, 2025
Farmers’ Association Demands Apology from GRNMA General Secretary

Farmers’ Association demands apology from GRNMA General Secretary

August 22, 2025
Happy Ghana
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News

Cedi bounces back; Gains over 40% against dollar in seven months

in News, Top Story
Cedi bounces back; Gains over 40% against dollar in seven months

Cedi bounces back; Gains over 40% against dollar in seven months

Share on FacebookShare on TwitterShare on Whatsapp

The Ghana cedi has posted an impressive recovery against major international currencies, appreciating by 40.7% against the US dollar in the first seven months of 2025.

According to the Bank of Ghana’s Summary of Economic and Financial Data for July 2025, the cedi was trading at GH¢10.45 to the dollar on the interbank market as of the end of July.

This marks a significant rebound from the start of the year, when the currency hovered around GH¢15 to the dollar.

The cedi’s strongest gains were recorded in May, with a 43% appreciation, followed by a 42.6% rise in June. The local currency also made notable strides against other major currencies.

The cedi appreciated against the Euro by 25.6% and 24.2% in June and July, respectively, with interbank exchange rates of GH¢12.11 and GH¢12.25. It also strengthened against the British Pound, gaining 30.3% in June and 31.2% in July. The pound is currently trading at GH¢14.02.

Over the past two weeks, the cedi has largely held its ground, closing at a mid-rate of GH¢10.48 per dollar on the interbank market, a slight 0.47% depreciation. On the retail market, it is averaging GH¢12.00 per dollar.

So far in 2025, the cedi has appreciated by 29.38% against the dollar.

Government officials credit the currency’s performance to improved macroeconomic stability, stronger export revenues, and renewed investor confidence in Ghana’s economy.

Tags: CediDollar

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Ghana’s Small Arms Commission raises concerns over firearms misuse

Next Post

CEMSE calls for a special audit over ‘flawed’ petroleum report

Next Post
CEMSE calls for a special audit over ‘flawed’ petroleum report

CEMSE calls for a special audit over ‘flawed’ petroleum report

Search

No Result
View All Result

Listen Live

Happy Kaseɛbɔ 600AM news bulletin
Happy Kaseɛbɔ 600AM news bulletin

BBC Match of the Day Africa

Happy Ghana

Recent News

  • Adabraka court adjourns Immigration Officer murder case to September 2025
  • YEA CEO announces over 300% allowance increase for sanitation workers
  • Second suspect arrested in Immigration officer murder case
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.