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Business News Ghana
Check Out: Bank of Ghana Releases Latest Exchange Rates for August 4, 2025
The Bank of Ghana has released the official exchange rates for Monday, August 4, 2025. These rates are based on the average interbank rates from commercial banks. They reflect the rates at the close of business on Friday, August 1, 2025.
The Ghana cedi continues to trade against major foreign currencies. The rates show how much banks are willing to buy or sell of each currency.
For the US Dollar (USD), the buying rate is Gh¢10.4948 and the selling rate is Gh¢10.5053. This means banks will buy one dollar at Gh¢10.4948 and sell it at Gh¢10.5053.
The British Pound Sterling (GBP) is being bought at Gh¢13.8982 and sold at Gh¢13.9142. This shows a slight difference between the buying and selling rates, as is normal with currency exchange.
The Euro (EUR) has a buying rate of Gh¢12.1107 and a selling rate of Gh¢12.1225.
These rates are used by banks for large transactions between financial institutions. However, the rates may vary slightly at forex bureaux or for retail customers.
The Bank of Ghana publishes these rates regularly to guide banks and the general public. Exchange rates can change daily based on demand and supply in the market. Businesses and individuals involved in international trade often monitor these rates closely.
It is crucial for the public to note that actual buying and selling rates at banks or forex bureaux may differ slightly. People are advised to check with their banks or trusted forex operators before making foreign currency transactions.
This update is part of the Bank of Ghana’s effort to promote transparency and keep the market informed.
You can visit www.bog.gov.gh or follow @thebankofghana on social media for more updates.
Check out the chart below
