Source Ghanamediatrend
Business News Ghana
Cedi falls again as the Bank of Ghana releases exchange rates for Tuesday, July 29, 2025.
The Bank of Ghana has released the official exchange rates for Tuesday, July 29, 2025. These rates are based on the average interbank transactions as of the close of business on Monday, July 28, 2025.
The data published by the Bank of Ghana indicated the Ghana cedi continues to trade against major foreign currencies, including the US dollar, British pound, and euro. The buying and selling rates are slightly different, showing the margins banks use when trading foreign currencies.
For the US Dollar, the Cedi is now being bought at Gh¢10.4748 to $1 and sold at Gh¢10.4852 to $1.
This is a slight increase from Monday’s rate, where the buying price was Gh¢10.4448 and the selling price was Gh¢10.4552. This means that people will need more cedis to buy one US dollar than they did just a day ago.
The British pound also saw a rise. It is now being bought at Gh¢14.0309 and sold at Gh¢14.0460. On Monday, the buying and selling prices were Gh¢14.0169 and Gh¢14.0320, respectively.
Similarly, the Euro is now being bought at Gh¢12.1670 and sold at Gh¢12.1790, compared to Monday’s buying rate of Gh¢12.1500 and selling rate of Gh¢12.1600 (based on previous trends).
As of Monday, July 28, 2025, the Ghanaian Cedi is Gh¢10.51 to the US dollar.
These rates are used by commercial banks when dealing with importers, exporters, and other financial institutions. However, individuals exchanging money at forex bureaus may find slightly different rates, as retail rates often vary.
The Bank of Ghana updates these rates regularly to reflect changes in the global and local economy. It encourages the public to follow the official rates on its website or social media platforms to avoid being misled by unofficial sources.
You can visit www.bog.gov.gh or follow @thebankofghana on social media for more updates.
Check out the Daily Exchange Rate by Bank of Ghana on Tuesday, July 29, 2025
