Source ghanamediatrend
Business News Ghana
Cedi Makes Marginal Gains Against Dollar as Bank of Ghana Releases Daily Exchange Rates for Monday, October 13, 2025
The Ghanaian Cedi made slight gains against the US dollar as the Bank of Ghana (BoG) released its official exchange rates for Monday, October 13, 2025.
According to the BoG data, the Cedi strengthened marginally, signaling a modest recovery after several weeks of depreciation pressure on the local currency.
The official statement indicated the US dollar is being bought at GH¢12.1589 and sold at GH¢12.1711. This represents a slight dip in the value of the dollar compared to last week’s closing figures.
Similarly, the British pound sterling is trading at GH¢16.2407 for buying and GH¢16.2581 for selling.
While the euro is being bought at GH¢14.1321 and sold at GH¢14.1461.
These rates, which represent the average interbank figures used by commercial banks for transactions at the close of business on Friday, October 10, 2025, indicate that the cedi has experienced modest appreciation against all three major trading currencies — the dollar, pound, and euro.
Analysts attribute the improvement to recent interventions by the central bank aimed at stabilizing the foreign exchange market, including increased dollar supply and policy measures to curb speculative trading.
Despite the marginal gain, economists caution that sustained stability will depend on consistent inflows from export earnings and remittances, as well as disciplined fiscal management.
The Bank of Ghana has reiterated its commitment to maintaining a stable exchange rate environment to support economic growth and investor confidence.
The Bank of Ghana continues to publish daily exchange rate updates to promote transparency and guide commercial transactions across the country.
Check out the Daily Exchange Rate Released by Bank of Ghana on Monday, October 13, 2025
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