The poor performance of the Ghana Cedi persisted.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Ghana Cedi continued its weak run, with the Year-to-Date gain reduced to 18.51% on Tuesday, September 9, 2025, from 20.35% recorded on Friday, September 5, 2025.

This follows strong corporate demand and tight foreign exchange supply.

The Bank of Ghana has been moderate on the foreign exchange market, with supply lower than in May, June, and July 2025.

Some analysts attribute the cedi’s recent performance to the Bank of Ghana’s curb on foreign currency cash withdrawals, which were not backed by equivalent foreign currency deposits.

Source: newsthemegh.com