Source Ghanamediatrend.com
Business News Ghana
Check Out: Bank of Ghana (BoG) Releases Daily Exchange Rates for Wednesday, June 11, 2025.
The Ghanaian cedi (GH₵) remains relatively stable when compared with key international currencies, showing only slight changes in value.
As Bank of Ghana released the official interbank exchange rates for Wednesday, June 11, 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.
For instance, in trading against the United States Dollar (USD), the buying rate has been set at GH₵10.2449, with the selling rate at GH₵10.2551. The minimal difference between these two figures indicates a calm and balanced foreign exchange market, providing a sense of security for investors, businesses, and currency traders alike.
In terms of the British Pound Sterling (GBP), the cedi is buying at GH₵13.8337 and selling at GH₵13.8485. Among all the listed currencies, the pound sterling continues to command the highest exchange value, reflecting its strong global standing and its significant impact on Ghana’s international trade activities.
Meanwhile, the euro (EUR) is being traded at a buying rate of GH₵11.6996 and a selling rate of GH₵11.7102. The euro’s value positions it between the US dollar and the British pound, further highlighting its relevance and influence in both European and global markets.
The average interbank rates reflect the benchmarks commercial banks use for forex transactions and serve as a key indicator of the cedi’s health in the currency market.
According to the Bank of Ghana 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 average interbank rates used by commercial banks for transactions at the close of business, Tuesday, June 10, 2025. See the chart below
