Business News of Monday, 20 May 2013

Source: XYZ

Ghana cedi falls in value to US dollar

The Ghana cedi fell in value to the US dollar, but increased in value to the other major foreign currencies on the interbank market.

The Ghana cedi is now trading between one cedi 96 pesewas and two Ghana cedis to the US dollar on the forex market.

It is going for two cedis 55 pesewas and two cedis 61 pesewas against the euro.

Whilst it is also trading between three cedis two pesewa and three cedis ten pesewas to the British Pound on the foreign exchange market.