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Cedi faces marginal pressure against USD ahead of Christmas season

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The Ghana cedi continues to experience pressure against major trading currencies, raising concerns about rising costs ahead of the festive season.

According to Bank of Ghana data, the local currency is selling at GH¢11.50 to the US dollar on the interbank market and on the forex market the cedi is selling at GH¢12.45 as of Wednesday, December 17, 2025.

The weakened exchange rate is expected to drive up prices of imported goods, including food items, clothing, electronics, and household essentials, increasing spending pressures on consumers.

Fuel prices could also rise, as petroleum imports are priced in dollars, with possible knock-on effects on transportation and overall production costs.

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These developments are likely to squeeze household incomes, leaving many families with less disposable income during the Christmas and New Year period

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Here’s how the cedi is faring on the Bank of Ghana interbank market:

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• Dollar – Buying at GH¢11.49, Selling at GH¢11.50

• Pound – Buying at GH¢15.42, Selling at GH¢15.44

• Euro – Buying at GH¢13.52, Selling at GH¢13.53

Here’s how the cedi is trading at the forex bureaus

• Dollar – Buying at GH¢12.05, Selling at GH¢12.45

• Pound – Buying at GH¢15.80, Selling at GH¢16.70

• Euro – Buying at GH¢13.70, Selling at GH¢14.60

SP/EB

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Source:
www.ghanaweb.com

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