Ghana Cedi

Ghana Cedi

Ghanas economy now valued at 46 billion Ghana cedis

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The Ghanaian economy grew by 7.7 percent last year while the total value of goods and services produced was valued at 46 billion Ghana cedis.

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Ghana cedi extends gains ahead of bond issue

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ghana Cedi 2

ACCRA (Reuters) - The Ghana cedi extended its gains against the US dollar on Thursday as offshore investors scrambled for the local unit ahead of a three-year bond issue next week, traders said.

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Ghana cedi hits 3-month high ahead of bond

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ghana cedi

ACCRA (Reuters) - The Ghana cedi hit a three-month high against the U.S. dollar on Wednesday, following the announcement yesterday of a 3-year, 320 million cedi bond open to foreign investors, traders said.

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Ghana to issue 3-year bond next week - Bank of Ghana

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ACCRA (Reuters) - The Bank of Ghana will issue a 3-year bond for 320 million cedis on April 27, open to foreign investors, the central bank said on Tuesday.

Ghana's cedi currency strengthened to 1.5075/1.5100 to the dollar after the announcement, compared to its opening level of 1.5115/1.5140, as traders anticipated dollar inflows from foreign investors interested in the bond.

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Ghana Currency to Remain Stable Through Next Week, Barclays Says

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ghana cedi

Ghana’s cedi will be little changed over the next week as demand for dollars by importers remains low and local companies use cash to pay their first-quarter taxes, Jacob Brobbey, a currency trader with Barclays Bank of Ghana Ltd., said by phone today.

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Ghana cedi holds gains against dollar

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ghana Cedi 2

ACCRA, April 13 (Reuters) - Ghana cedi currency held steady against the dollar on Wednesday, holding recent gains in thin volume, traders said.

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