The Ghana cedi is under pressure against major trading currencies, raising concerns ahead of the festive season.
Data from the Bank of Ghana show that the cedi is trading at GH¢11.42 to the US dollar on the interbank market as of December 23, 2025.
A weaker cedi typically leads to higher prices for imported goods, such as food, clothing, electronics, and household items, which increases the cost of Christmas and New Year celebrations.
Fuel prices may also rise since petroleum products are imported in dollars, potentially leading to higher transportation costs and increased expenses for businesses.
Overall, the continued depreciation is expected to reduce purchasing power and place additional strain on household budgets.
Cedi holds at GH¢11.51 to $1, a week to Christmas
Here’s how the cedi is faring on the Bank of Ghana interbank market:
⦁Dollar – Buying at GH¢11.41, Selling at GH¢11.42
⦁Pound – Buying at GH¢15.35, Selling at GH¢15.36
⦁Euro – Buying at GH¢13.42, Selling at GH¢13.44
Here’s how the cedi is trading at the forex bureaus:
⦁Dollar – Buying at GH¢12.10, Selling at GH¢12.45
⦁Pound – Buying at GH¢15.90, Selling at GH¢16.80
⦁Euro – Buying at GH¢13.90, Selling at GH¢14.80
SP/EB
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Source:
www.ghanaweb.com