Earlier thus year, per data from the Bank of Ghana’s Economic and Financial Data for January 2026 reveals the Cedi is back under fire, losing ground against major global currencies at the start of the year.
The data shows that on the interbank market, the cedi traded at GH¢10.88 to the US dollar in January 2026, compared with GH¢10.45 at the end of December 2025, representing a depreciation of about 4 per cent.
The local currency also weakened against other major currencies, losing 4.9 per cent to the British pound and 4.1 per cent to the euro. During the period under review, the cedi traded at GH¢14.77 to the pound and GH¢12.80 to the euro on the interbank market.
