The Ghana Cedi opened the week slightly weaker against the US dollar on Monday, October 26, with official interbank rates from the Bank of Ghana showing a buying rate of GH₵11.6442 and a selling rate of GH₵11.6558.
That marked a marginal decline from Friday, October 23, when the currency traded at GH₵11.5992 to buy and GH₵11.6108 to sell against the dollar.
Bank of Ghana Governor Dr. Johnson Pandit Asiama said the latest movement did not alter the wider strength of the Ghanaian economy. He was speaking at the launch of the Ghana Investment Promotion Centre (GIPC) 2025 Annual Investment Report.
Dr. Asiama pointed to the Cedi’s broader recovery against major foreign currencies, supported by strong external reserves and continued activity across key parts of the economy.
“These developments have contributed to creating a more stable and predictable environment for businesses and investors,” he said.
The governor added that economic growth had become increasingly broad-based, with agriculture and services recording gains while industry continued its steady recovery.
The central bank expects the country’s macroeconomic fundamentals and rising foreign reserves to provide continued support for the Cedi over the coming quarters.
