Ghana cedi records 7.9% depreciation against US dollar in first half of 2026
The Ghana cedi depreciated by 7.9 per cent against the United States dollar on the interbank foreign exchange market during the first half of 2026, the Bank of Ghana (BoG) revealed in its latest Monetary Policy Report. The post Ghana cedi records 7.9% depreciation against US dollar in first half of 2026 appeared first on Ghana Business News .
The Ghana cedi experienced a 7.9% depreciation against the US dollar in the first half of 2026, according to the Bank of Ghana's latest Monetary Policy Report. This depreciation was also observed against the British pound (6.5%) and the euro (5.3%) on a year-to-date basis. This performance marked a significant contrast to the previous year, when the cedi showed substantial appreciation against these currencies.
The Bank of Ghana remains optimistic about the cedi's medium-term outlook, citing support from remittance inflows and easing pressures in the foreign exchange market.
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