Cedi Buys at 11.24 to the Dollar on Tuesday – BoG Rate
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Cedi Buys at 11.24 to the Dollar on Tuesday – BoG Rate
According to the Bank of Ghana’s official figures for Tuesday, September 1, the cedi was buying at 11.2444 to the dollar and selling at 11.2556.
The pound sterling was buying at 15.2350 and selling at 15.2514. The euro, meanwhile, was buying at 13.0616 and selling at 13.0745.
These daily figures are just one snapshot, but they fit into a bigger story the BoG has been telling lately. Governor Dr Johnson Asiama recently noted that the cedi has made a significant recovery against major international currencies, with the country’s external reserves strengthening alongside it.
He also pointed to a broader pickup in economic activity, describing growth as increasingly broad-based driven by improvements in services and agriculture, with industry showing signs of a gradual recovery too.
For Asiama, all of this adds up to something businesses and investors have been waiting for: more stability and predictability. These developments have contributed to creating a more stable and predictable environment for businesses and investors, he said, speaking at the launch of the Ghana Investment Promotion Centre’s (GIPC) 2025 Annual Investment Report.
