The Ghanaian Cedi (GHS) has weakened further, trading at around GH¢11 to US $1 on the interbank foreign-exchange market as of 18 November 2025, according to the Bank of Ghana.
Data shows that the buying rate stood at approximately GH¢10.9945, while the selling rate was about GH¢11.0055, with a mid-market rate of GH¢11.0000.
Retail foreign-exchange bureaus are quoting weaker rates, with dollar purchases around GH¢12.00 and sales reaching GH¢12.30.
The depreciation reflects persistent pressure in the foreign-exchange market, driven by high demand for dollars, limited inflows of foreign currency, and overall uncertainty about the cedi’s stability.
For businesses and consumers, the weaker cedi increases the cost of imports and foreign-denominated services, potentially contributing to inflation and rising living costs. Economists warn that without improved dollar supply or intervention mechanisms, the cedi may experience further declines.
The Bank of Ghana is expected to monitor the situation closely and may intervene in the interbank market to stabilize the currency. The GH¢11 mark represents both a psychological and economic threshold, signaling heightened vulnerability in Ghana’s foreign-exchange environment.
Source: Thepressradio.com
