Featured Posts

Cedi weakens to ¢11.13 as christmas-season import demand intensifies

The Ghana cedi closed the week weaker on the interbank market, trading at GH¢11.13 to the US dollar as of Friday, November 21, 2025.

The marginal depreciation signals continued pressure from major foreign currencies, partly driven by heightened demand for dollars ahead of the Christmas trading season.

According to Bank of Ghana data, the dollar was buying at GH¢11.11 and selling at GH¢11.13.

The British pound traded at GH¢14.55 buying and GH¢14.56 selling, while the euro was quoted at GH¢12.80 buying and GH¢12.61 selling.

These rates compare to GH¢10.96 (buying) and GH¢10.98 (selling) for the dollar just a week earlier, signalling sustained pressure on the local currency.

The pound and euro have also seen similar upticks.

On the forex bureau market, rates were significantly higher, with the dollar trading around GH¢12.35, the British pound at GH¢16.30, and the euro at GH¢14.20 figures that show demand conditions outside the official interbank environment.

The latest depreciation is consistent with an annual trend where traders increase their demand for forex to restock goods for the festive season.

The Christmas period typically sees a surge in imports of electronics, clothing, beverages, household items and assorted consumer goods, which fuels elevated demand for the dollar.

Traders at major trading hubs say heightened import costs, combined with rising freight charges and tighter supplier credit terms are pushing them to acquire dollars earlier than usual.

Some importers warn that if the current depreciation persists, consumers may face higher retail prices in December as businesses adjust to protect their margins.

The coming weeks will remain crucial as seasonal foreign exchange pressures peak ahead of Christmas.

61 Comments

  1. Hiya, I’m really glad I’ve found this information. Nowadays bloggers publish only about gossips and web and this is really annoying. A good site with interesting content, this is what I need. Thank you for keeping this web-site, I will be visiting it. Do you do newsletters? Cant find it.

  2. Hey there! This is my first visit to your blog! We are a team of volunteers and starting a new project in a community in the same niche. Your blog provided us valuable information to work on. You have done a outstanding job!

  3. I’m impressed, I need to say. Really hardly ever do I encounter a blog that’s both educative and entertaining, and let me inform you, you may have hit the nail on the head. Your idea is outstanding; the issue is one thing that not enough persons are talking intelligently about. I’m very happy that I stumbled across this in my search for something referring to this.

  4. naturally like your web-site however you have to take a look at the spelling on quite a few of your posts. Many of them are rife with spelling issues and I in finding it very bothersome to tell the reality nevertheless I’ll definitely come back again.

  5. Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You clearly know what youre talking about, why waste your intelligence on just posting videos to your weblog when you could be giving us something informative to read?

  6. I have been browsing on-line more than 3 hours as of late, yet I never found any fascinating article like yours. It’s lovely price enough for me. In my view, if all site owners and bloggers made good content material as you probably did, the internet can be much more useful than ever before. “A winner never whines.” by Paul Brown.

  7. My programmer is trying to convince me to move to .net from PHP. I have always disliked the idea because of the costs. But he’s tryiong none the less. I’ve been using Movable-type on various websites for about a year and am worried about switching to another platform. I have heard great things about blogengine.net. Is there a way I can transfer all my wordpress posts into it? Any kind of help would be really appreciated!

  8. The subsequent time I read a blog, I hope that it doesnt disappoint me as a lot as this one. I imply, I do know it was my option to read, but I actually thought youd have one thing fascinating to say. All I hear is a bunch of whining about one thing that you may repair when you werent too busy searching for attention.

  9. This is very interesting, You are a very skilled blogger. I have joined your feed and look forward to seeking more of your excellent post. Also, I have shared your website in my social networks!

  10. We’re a group of volunteers and opening a new scheme in our community. Your website offered us with valuable information to work on. You’ve done a formidable job and our whole community will be thankful to you.

  11. I would like to thnkx for the efforts you have put in writing this blog. I am hoping the same high-grade blog post from you in the upcoming as well. In fact your creative writing abilities has inspired me to get my own blog now. Really the blogging is spreading its wings quickly. Your write up is a good example of it.

  12. You can definitely see your enthusiasm in the work you write. The world hopes for more passionate writers like you who are not afraid to say how they believe. Always go after your heart.

  13. I was more than happy to seek out this net-site.I wanted to thanks for your time for this excellent learn!! I positively having fun with every little little bit of it and I have you bookmarked to take a look at new stuff you blog post.

  14. A lot of thanks for your own work on this site. Kim really loves working on investigation and it’s obvious why. I hear all regarding the dynamic way you make vital steps via your web site and as well as improve response from some other people on this theme while our own daughter is truly starting to learn a lot. Take advantage of the remaining portion of the new year. You are performing a really good job.

  15. I loved as much as you will receive carried out right here. The sketch is attractive, your authored subject matter stylish. nonetheless, you command get bought an impatience over that you wish be delivering the following. unwell unquestionably come further formerly again as exactly the same nearly a lot often inside case you shield this increase.

  16. A person essentially assist to make significantly posts I might state. This is the first time I frequented your website page and to this point? I amazed with the analysis you made to make this particular put up incredible. Wonderful task!

  17. whoah this blog is excellent i like studying your posts. Stay up the great paintings! You recognize, lots of persons are looking round for this information, you can aid them greatly.

  18. I really like your blog.. very nice colors & theme. Did you create this website yourself or did you hire someone to do it for you? Plz reply as I’m looking to construct my own blog and would like to know where u got this from. thank you

  19. Hi, i read your blog occasionally and i own a similar one and i was just wondering if you get a lot of spam remarks? If so how do you protect against it, any plugin or anything you can advise? I get so much lately it’s driving me crazy so any assistance is very much appreciated.

  20. Hi, I think your site might be having browser compatibility issues. When I look at your website in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, fantastic blog!

  21. I like what you guys are up also. Such smart work and reporting! Keep up the excellent works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my site :).

  22. There are some interesting closing dates in this article however I don’t know if I see all of them heart to heart. There may be some validity however I’ll take maintain opinion until I look into it further. Good article , thanks and we wish extra! Added to FeedBurner as effectively

  23. Hiya very nice site!! Guy .. Excellent .. Superb .. I will bookmark your site and take the feeds additionallyKI am glad to seek out numerous useful info here in the put up, we’d like work out more techniques in this regard, thanks for sharing. . . . . .

  24. I have recently started a web site, the information you offer on this site has helped me tremendously. Thank you for all of your time & work.

  25. Its like you learn my mind! You appear to understand so much about this, such as you wrote the book in it or something. I think that you could do with a few to force the message house a little bit, but other than that, this is excellent blog. A great read. I will definitely be back.

  26. An interesting discussion is worth comment. I think that you should write more on this topic, it might not be a taboo subject but generally people are not enough to speak on such topics. To the next. Cheers

  27. F*ckin’ awesome things here. I’m very glad to see your article. Thanks a lot and i’m looking forward to contact you. Will you kindly drop me a e-mail?

  28. Having read this I thought it was very informative. I appreciate you taking the time and effort to put this article together. I once again find myself spending way to much time both reading and commenting. But so what, it was still worth it!

  29. Hello there, I found your web site via Google while searching for a related topic, your website came up, it looks good. I’ve bookmarked it in my google bookmarks.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button