Cedi opens November trading at GH¢10.90 to $1
Cedi opens November trading at GH¢10.90 to $1
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Cedi opens November trading at GH¢10.90 to $1

Ghana News 🕒︎ 2025-11-05

Copyright ghanamma

Cedi opens November trading at GH¢10.90 to $1

Ghana’s cedi showed slight signs of weakness as interbank trading resumed on Monday, November 3, 2025. The currency is still selling at GH¢10.90 to the US dollar, the same rate it closed with at the end of October. Though the rate remains unchanged, some business analysts say the local currency’s inability to gain ground signals ongoing pressure from major trading currencies on the forex market. Without a meaningful rebound, the cedi remains exposed to external shocks and fiscal headwinds, especially as the country approaches the final stretch of the year. With the 2026 national budget presentation fast approaching, market watchers are keen to see how government’s fiscal strategy will shape the cedi’s trajectory, particularly in relation to the US dollar. Here’s how the cedi is faring on the BoG interbank market: • Dollar – Buying at GH¢10.89, Selling at GH¢10.90 • Pound – Buying at GH¢14.29, Selling at GH¢14.30 • Euro – Buying at GH¢12.56, Selling at GH¢12.57 Here’s how the cedi is trading at the forex bureaus • Dollar – Buying at GH¢11.70, Selling at GH¢12.20 • Pound – Buying at GH¢15.40, Selling at GH¢16.45 • Euro – Buying at GH¢13.40, Selling at GH¢14.25 All you need to know about Ghana’s new vehicle number plates | BizTech

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