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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd
Ghana’s cedi, which has suffered a steady decline in recent weeks, has now become the worst-performing currency in sub-Saharan Africa and one of the worst performers on the continent.
According to multiple analyses, including publications by Reuters using data from the London Stock Exchange Group (LSEG), the cedi has suffered a steady decline so far in 2026, thereby assuming the unenviable position of the worst-performing currency in West Africa on a year-to-date basis.
At the time of the reports last week, which rated the cedi as having declined by 10.28% year-to-date, it traded at 11.36 cedis to the dollar, with a Reuters report particularly predicting a further decline in the week ahead.
Source: newsthemegh.com