Cedi Strengthens to GH₵13.50 as Dollar Demand Plummets
News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/cedi-strengthens-to-gh%e2%82%b513-50-as-dollar-demand-plummets/The Ghanaian cedi surged against the US dollar on Tuesday, May 6, 2025, reaching GH₵13.50 on the interbank market by midmorning, a notable gain from GH₵13.90 the previous day. This rally, among the cedi’s strongest in recent months, coincided with sharply reduced demand for dollars, as dealers absorbed only 31.5% of the Bank of Ghana’s [...] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/cedi-strengthens-to-gh%e2%82%b513-50-as-dollar-demand-plummets/