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Cedi depreciated by 19.1per cent to dollar in January 2023 – BoG


Cedi depreciated by 19.1per cent to dollar in January 2023 – BoG

January 30, 2023 at 6:51 PM

The Ghana cedi has depreciated by a substantial 19.1 per cent to the US dollar this January [2023].According to the Summary of Economic and Financial Data from the Bank of Ghana seen by Graphic Business, the cedi sold at ¢10.60 to one US dollar in January 2023 on the interbank market, compared with ¢8.57 in December, 2022.

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