6 reasons why business-Minded Ghanaians Must Buy Dollars Before December 2025
In today’s volatile economic climate, foreign currency is no longer optional for businesses—it’s strategic capital. With the Ghanaian cedi currently trading at GHS 10.85 to the U.S. dollar, now is the time for business-minded entrepreneurs to consider purchasing dollars before December 2025.
1. Shield Against Further Cedi Depreciation
The cedi has faced persistent volatility, and experts warn that depreciation may continue due to inflation pressures, public debt, and global uncertainties. By buying dollars at the current rate of GHS 10.85, businesses can lock in a more favorable rate and protect their purchasing power before potential future declines.
2. Manage Import and Operational Costs
Companies relying on imported raw materials, equipment, or software are particularly vulnerable. Buying dollars now ensures import costs are secured at today’s rate, helping businesses maintain stable pricing, protect profit margins, and avoid sudden spikes in expenditure later this year.
3. Strengthen International Trade and Investment
As Ghanaian businesses expand globally, having immediate access to USD is crucial. It enables smooth payments to foreign suppliers, investment in international markets, and participation in global trade contracts without being affected by sudden cedi depreciation.
4. Capitalize on Investment Opportunities
The dollar is essential for accessing foreign stock markets, bonds, and real estate. Early acquisition at GHS 10.85 ensures Ghanaian investors can seize lucrative opportunities before currency fluctuations make them costlier or less accessible.
5. Avoid Year-End Exchange Rate Pressures
December often sees increased demand for dollars due to imports, travel, and trade settlements. Waiting risks higher rates and reduced availability, making early purchase a wise and strategic decision.
6. Build Financial Resilience
Holding dollars gives businesses a hedge against economic uncertainty, providing flexibility to manage operational or investment needs during turbulent times. It strengthens a company’s capacity to withstand shocks such as inflation spikes or policy changes.
Conclusion
With the dollar at GHS 10.85, buying now is not just prudent—it’s strategic. Business owners in Ghana can protect capital, control costs, and position themselves for growth by acting before December 2025. Early action today ensures competitiveness and stability in tomorrow’s economy.
Source: Thepressradio.com
