{"id":169272,"date":"2025-09-20T07:42:24","date_gmt":"2025-09-20T07:42:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/169272\/"},"modified":"2025-09-20T07:42:24","modified_gmt":"2025-09-20T07:42:24","slug":"local-currency-holds-at-gh%c2%a212-25-to-the-dollar","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/169272\/","title":{"rendered":"Local currency holds at GH\u00a212.25 to the dollar"},"content":{"rendered":"<p id=\"article-123\">The Ghana cedi has crossed the GH\u00a212 mark on the interbank exchange market.<\/p>\n<p>This is the first time since May 2025, following a period of consistent appreciation against the US dollar.<\/p>\n<p>As of Friday, September 19, 2025, <a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=3532\" rel=\"nofollow noopener\">Bank of Ghana<\/a> published rates indicate that the cedi is trading at GH\u00a212.25 to the dollar, reflecting renewed pressure on the local currency amid persistent economic challenges and high demand for foreign exchange.<\/p>\n<p>Despite headline inflation dropping marginally, the cedi continues to struggle on both the interbank and forex markets, depreciating steadily against the dollar.<\/p>\n<p>The depreciation is expected to impact fuel prices at the pump in the upcoming pricing windows, increase the cost of living, and likely complicate the government\u2019s quest to achieve single-digit inflation by the end of the year.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Afenyo-Markin-backs-24-Hour-Economy-and-Big-Push-policies-2001377\" rel=\"nofollow noopener\" target=\"_blank\">Afenyo-Markin backs 24-Hour Economy and Big Push policies<\/a><\/p>\n<p>Here&#8217;s how the cedi is faring on the BoG interbank market as of 8:00 AM, September 19, 2025:<\/p>\n<p>\u2022 Dollar \u2013 Buying at GH\u00a212.24, Selling at GH\u00a212.25<\/p>\n<p>\u2022 Pound \u2013 Buying at GH\u00a216.58, Selling at GH\u00a216.60<\/p>\n<p>\u2022 Euro \u2013 Buying at GH\u00a214.41, Selling at GH\u00a214.43<\/p>\n<p>Here&#8217;s how the cedi is trading at the forex bureaus<\/p>\n<p>\u2022 Dollar \u2013 Buying at GH\u00a213.15, Selling at GH\u00a213.50<\/p>\n<p>\u2022 Pound \u2013 Buying at GH\u00a217.60, Selling at GH\u00a218.40<\/p>\n<p>\u2022 Euro \u2013 Buying at GH\u00a215.20, Selling at GH\u00a216.00<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/fx1.jpg\" \/><\/p>\n<p>Watch the latest edition of BizTech below:<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"The Ghana cedi has crossed the GH\u00a212 mark on the interbank exchange market. This is the first time&hellip;\n","protected":false},"author":2,"featured_media":169273,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-169272","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/169272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=169272"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/169272\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/169273"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=169272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=169272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=169272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}