Finance
Cedi depreciates against Dollar by 19.2% – Report
The Bank of Ghana’s latest Summary of Economic and Financial Data has revealed that the Cedi lost 19.2% in value against the US dollar in almost seven months of 2022.
According to the data, the local currency went for ¢7.43 to the American ‘greenback’ on the interbank market as of July 22, 2022.
Currently, the Cedi is selling at about ¢8.30 pesewas to the US dollar on the retail market.
CLICK HERE TO DOWNLOAD PRESS RADIO MOBILE APP
The Ghana Cedi depreciated by 16.86% in value to the dollar in the first half of 2022 on the interbank market, but over 20% on the retail forex market.
Source: rainbowradioonline.com
Here’s why Sarah Martins, Adanma Luke are trending over Junior Pope’s death
‘Keep him somewhere, throw the keys away’ – Reactions as NCS moves Bobrisky to Kirkiri Prison
BREAKING: Dj Switch arrested 4 years after EndSARS protest
HOT VIDEO: Leaked Video of a Ghanaian Seamstress goes viral
VIDEO: Pupil teacher c*ught having s*x with 11-year-old in an uncompleted Building
NDC declines EC’s invitation to review 2020 polls
-
Lifestyle3 weeks agoRoad Safety Authority narrates how buttocks causes road accident
-
GENERAL NEWS4 weeks agoWhy 15 police officers stormed Owusu Bempah’s church – Kumchacha narrates
-
GENERAL NEWS3 weeks agoWatch how Ibrahim Mahama rode Honda superbike to pay last respects to late friend
-
GENERAL NEWS4 weeks agoHow Offinso residents storm destooled queen mother’s house, demand for new chief
-
South Africa News4 weeks agoWoman thrown out of a speeding taxi while on her way to work
-
GENERAL NEWS5 days agoDeadly clash between youth and navy personnel results in two deaths at Tema Manhean
-
SHOWBIZ KONKONSAH6 days agoJunior Pope’s Death: Video of John Dumelo refusing to join canoe for movie shoot over safety concerns resurfaces
-
News Africa1 month ago‘Satanically dubious’ – SCOAN releases statement on BBC’s report about TB Joshua, church
