{"id":296799,"date":"2025-12-03T13:58:05","date_gmt":"2025-12-03T13:58:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/296799\/"},"modified":"2025-12-03T13:58:05","modified_gmt":"2025-12-03T13:58:05","slug":"cedi-selling-at-gh%c2%a211-34-to-a-dollar-on-dec-3","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/296799\/","title":{"rendered":"Cedi selling at GH\u00a211.34 to a dollar on Dec 3"},"content":{"rendered":"<p id=\"article-123\">The local currency depreciated slightly, trading at GH\u00a211.34 to the dollar on the interbank market as of Wednesday, December 3, 2025. <\/p>\n<p>This reflects the mounting pressure the cedi is facing from major foreign currencies ahead of the Christmas and New Year festivities.<\/p>\n<p>However, it would be recalled that the Minister of Finance, Dr <a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=2581\" rel=\"nofollow noopener\">Cassiel Ato Forson<\/a>, during the 2026 Budget presentation in Parliament, announced that the government is targeting a primary surplus of 1.5% of GDP in 2026, signalling a firm commitment to fiscal discipline.<\/p>\n<p>He further noted that the overall fiscal deficit is projected at 2.2% of GDP on a commitment basis and 4% on a cash basis.<\/p>\n<p>According to Dr Forson, this approach underscores the government\u2019s goal of balancing fiscal consolidation with economic growth, ensuring financial stability while continuing to invest in critical development projects.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Debt-maturities-refinancing-needs-and-flagship-projects-pose-medium-term-test-Report-2011840\" rel=\"nofollow noopener\" target=\"_blank\">Debt maturities, refinancing needs and flagship projects pose medium-term test &#8211; Report<\/a><\/p>\n<p>Here&#8217;s how the cedi is faring on the <a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=3532\" rel=\"nofollow noopener\">Bank of Ghana<\/a> interbank market:<\/p>\n<p>\u2022 Dollar \u2013 Buying at GH\u00a211.33, Selling at GH\u00a211.34<\/p>\n<p>\u2022 Pound \u2013 Buying at GH\u00a214.96, Selling at GH\u00a214.98<\/p>\n<p>\u2022 Euro \u2013 Buying at GH\u00a213.15, Selling at GH\u00a213.17<\/p>\n<p>Here&#8217;s how the cedi is trading at the forex bureaus<\/p>\n<p>\u2022 Dollar \u2013 Buying at GH\u00a211.90, Selling at GH\u00a212.25<\/p>\n<p>\u2022 Pound \u2013 Buying at GH\u00a215.30, Selling at GH\u00a216.20<\/p>\n<p>\u2022 Euro \u2013 Buying at GH\u00a213.30, Selling at GH\u00a214.20<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/12\/85689139.jpg\" \/><\/p>\n<p>SP\/EB<\/p>\n<p>All you need to know about Ghana&#8217;s new vehicle number plates | BizTech:<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"The local currency depreciated slightly, trading at GH\u00a211.34 to the dollar on the interbank market as of Wednesday,&hellip;\n","protected":false},"author":2,"featured_media":249251,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":{"0":"post-296799","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/296799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=296799"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/296799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/249251"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=296799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=296799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=296799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}