Source Ghanamediatrend.com
Business News Ghana
Bank of Ghana (BoG) Releases Daily Exchange Rates for July 1, 2025.
The Bank of Ghana has released its official interbank exchange rates for Tuesday, 1st July 2025, reflecting a dynamic foreign exchange landscape that investors, traders, and financial institutions are watching closely.
According to the figures published by the Bank of Ghana (BoG), the Ghanaian cedi (GH₵) continues to experience fluctuations against major foreign currencies, including the US dollar (USD), British pound sterling (GBP), and the euro (EUR).
however BoG, the rates are based on the average interbank exchange rates recorded at the close of business on Monday, June 30, 2025.
The US dollar, which has been relatively stable in recent weeks, opened at a buying rate of GH₵10.3048 and a selling rate of GH₵10.3152. This shows minimal change from previous sessions, indicating a steady demand for the greenback on the local market.
In contrast, the British pound sterling experienced a slight depreciation against the cedi. The buying rate dropped to GH₵14.1176, while the selling rate stood at GH₵14.1328. Analysts attribute the dip to weaker performance in the UK’s economic data combined with strengthening local fiscal policies.
This change could be beneficial to Ghanaian importers dealing in British goods as their costs slightly reduce.
On the other hand, the euro recorded an upward movement, suggesting a strengthening of the European currency. The buying rate is pegged at GH₵12.1078, and the selling rate is GH₵12.1197. This increment follows positive Eurozone macroeconomic indicators and growing investor confidence in the region's recovery.
As of Tuesday, July 1, 2025, the Ghanaian Cedi remains relatively stable around ₵10.35 to the US dollar.
These rates are used by commercial banks and other financial institutions to guide transactions involving foreign currencies.
It is important for businesses and individuals who deal in foreign currency to pay attention to these rates, especially importers, exporters, travelers, and forex traders.
The Bank of Ghana daily updates these rates to reflect changes in the international currency market. People are advised to check with their banks, as actual rates may differ slightly depending on the bank’s policies and service charges.
Check Out Official Exchange Rates (as of June 30, 2025) Below: