Source ghanamediatrend
Business News Ghana
Bank of Ghana Releases Relationship Between Ghana Cedi, Dollar, Pound, and Euro for September 24, 2025.
The Bank of Ghana has released its official interbank exchange rates for Wednesday, September 24, 2025, indicating the Ghana Cedi relationship between the major international currencies, such as the US dollar, British pound, and euro.
According to the figures published by the central bank, the US Dollar is being bought at GH¢12.2939 and sold at GH¢12.3062. This represents a slight rise in value compared to the previous day’s figures, signaling sustained pressure on the local currency. The consistent strengthening of the dollar has been largely attributed to global market demand and Ghana’s continued reliance on imports priced in dollars.
The British Pound Sterling also recorded gains, with a buying rate of GH¢16.6250 and a selling rate of GH¢16.6428. Analysts suggest that the pound’s performance reflects both its resilience on the global market and Ghana’s strong trade links with the United Kingdom. For businesses engaged in international trade, especially those importing goods from the UK, this rise implies higher costs of operation and potential increases in consumer prices locally.
Similarly, the Euro appreciated against the cedi, trading at GH¢14.5006 for buying and GH¢14.5149 for selling. The euro’s steady climb is tied to positive economic indicators from the Eurozone, as well as Ghana’s import obligations from European markets.
These shifts in exchange rates have significant implications for Ghana’s economy. Importers will likely face increased costs, while exporters may gain some advantage from a weaker cedi in foreign markets. However, for the average Ghanaian, these changes often translate into higher prices of goods and services, particularly imported commodities such as fuel, electronics, and pharmaceuticals.
Economic analysts continue to stress the importance of stabilizing the cedi through strengthened local production, reduced import dependence, and strategic interventions from the Bank of Ghana. As the cedi faces persistent depreciation pressures, policymakers are expected to adopt measures aimed at cushioning the economy from inflationary effects.
The Bank of Ghana highlighted that the published exchange rates reflect average interbank transactions as of the close of business on Tuesday, September 23, 2025.
Check out the Daily Exchange Rate Released by Bank of Ghana on Wednesday, September 24, 2025
.png)
