{
  "id": 1664051,
  "title": "Cedi appreciates against US dollar from GH¢11.75 – 10.94 in one week",
  "url": "https://urgent.news/2026/08/18/cedi-appreciates-against-us-dollar-from-gh-11-75-10-94-in-one-week-1664051",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T07:39:02.000Z",
  "source": {
    "name": "Adom Online",
    "slug": "adom-online",
    "url": "https://www.adomonline.com/cedi-appreciates-against-us-dollar-from-gh11-75-10-94-in-one-week/"
  },
  "original_language": "en",
  "account": "The Ghanaian currency, the Cedi, experienced a notable appreciation against the US dollar over a one-week period, strengthening from GHS11.75 to GHS10.94, according to data released by the Bank of Ghana. This marked a significant increase of approximately 6.9 percent in just a week. Initially, the dollar's buying rate surged to GHS11.7641 on August 11 before fluctuating and eventually settling at GHS10.94 by August 17, marking its lowest point during this timeframe. Similarly, the dollar's selling rate declined from GHS11.77 on August 10 to GHS10.96 by August 17. The cedi's appreciation was not limited to the US dollar, as it also strengthened against major currencies such as the pound sterling and the euro. The pound sterling's buying rate dropped from GHS15.86 on August 10 to GHS14.83 by August 17, while the euro's buying rate fell from GHS13.59 to GHS12.67 during the same period. The data indicates relatively narrow buying and selling spreads across these major currencies, suggesting stable conditions in the interbank foreign exchange market. These figures underscore the cedi's broad-based appreciation against the dollar, pound sterling, and euro throughout the week under review.",
  "summary": "The Ghana Cedi appreciated significantly against the United States dollar over the past week, strengthening from an interbank buying rate of GHS11.75 on August 10 to GHS10.94 on August 17, according to Bank of Ghana daily exchange rate data. The development represents an appreciation of about 6.9 per cent against the dollar within seven days. […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}