Source Ghanamediatrend.com
Business News Ghana
Bank of Ghana (BoG) Releases Daily Exchange Rates for Monday, June 9, 2025.
The Bank of Ghana has announced the official interbank exchange rates for Monday, June 9, 2025, offering updated guidance to commercial banks, businesses, and individuals involved in foreign currency transactions. These rates, published daily, reflect the values at which the cedi is exchanged for major international currencies, including the US dollar, British pound, and the euro.
According to the central bank, the US dollar is being bought at GHS 10.2449 and sold at GHS 10.2551. This slight margin represents the spread between the rates at which banks acquire and offload the currency.
The pound sterling continues to maintain a higher valuation, with a buying rate of GHS 13.9207 and a selling rate of GHS 13.9357.
The euro, meanwhile, is being purchased at GHS 11.7277 and sold at GHS 11.7383, situating its value between the dollar and the pound.
These rates are reflective of Friday's close of business interbank market performance and serve as reference points for banks and foreign exchange bureaus throughout the country.
According to the statement, a currency analyst in Accra noted, “The exchange rate movements, even when minimal, have a direct impact on the cost of imports and foreign transactions. It’s vital for importers, exporters, and travelers to monitor these rates closely.”
Exchange rates play a crucial role in Ghana’s economy, influencing inflation, international trade, and the purchasing power of consumers. Businesses, especially those involved in cross-border trade, rely heavily on these figures to plan pricing and financial forecasts.
The Bank of Ghana daily updates
