Data shows it's still looking very grim for the Ghana cedi as the local currency maintains its downward spiral against the US dollar on Monday, January 16, 2023
The cedi has been falling steadily against the dollar over the last couple of weeks, prompting public concerns that the local currency's woes have resumed.
The cedi has depreciated marginally on the interbank market in January, 3, 2023, dropping by 20 pesewas against the U.S dollar according to available figures.
The Ghana cedi seems to be depreciating again against the US dollar on Wednesday, December 21, 2022, triggering concerns from market watchers and general public
UK has introduced new banknotes featuring the image of King Charles III. The only change to designs of £5, £10, £20 and £50 notes is the portrait of the king.
Wise has temporarily suspended transfers the Ghana cedi following currency’s rapid appreciation against the dollar and other major foreign currencies this week.