Ghana news briefing
Cedi records 7.9% depreciation against US dollar in first half of 2026
Synthesised from 2 Ghanaian sources
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 Central Bank said the performance of the cedi reflected renewed pressures in the domestic foreign exchange market despite a weaker US dollar on the international market.
The Bank of Ghana, however, expressed optimism about the medium-term outlook for the local currency, citing expected support from remittance inflows and easing pressures in the foreign exchange market.
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