Source Ghanamediatrend
Business News Ghana
Bank of Ghana Releases Daily Exchange Rates for August 5, 2025
The Bank of Ghana has released the official interbank exchange rates for Tuesday, August 5, 2025, offering insights into how the Ghanaian cedi is performing against major international currencies.
These rates are the average figures used by commercial banks for transactions and were calculated based on the close of business on Monday, August 4, 2025.
According to the published data Bank of Ghana, the US dollar is being bought at ¢10.5047 and sold at ¢10.5153. This shows very little difference between the buying and selling prices, suggesting a stable trading environment for the US dollar and minimal market volatility.
For the British Pound Sterling (GBP), the buying rate is ¢13.9503, while the selling rate is ¢13.9653. The pound continues to maintain its strength, reflecting Ghana’s ongoing trade and financial relations with the United Kingdom.
The Euro (EUR) is also trading at relatively steady levels, with a buying rate of ¢12.1497 and a selling rate of ¢12.1617. This indicates that the Euro is holding firm against the cedi, with only a slight spread between the two figures.
As of Tuesday, August 5, 2025, the Ghanaian Cedi is Gh¢10.55 to the US dollar.
These exchange rates are crucial for importers, exporters, investors, and forex traders, as they influence the cost of goods, services, and financial transfers. The narrow margins between buying and selling rates suggest a fairly balanced demand and supply dynamic in the foreign exchange market.
The Bank of Ghana continues to monitor the currency markets closely, aiming to maintain economic stability and investor confidence. These rates serve as a benchmark for commercial banks and forex bureaus across the country.
You can visit www.bog.gov.gh or follow @thebankofghana on social media for more updates.
Check out the Daily Exchange Rate Released by Bank of Ghana on Tuesday, August 5, 2025
