Ghana's local currency, the cedi, has maintained stability against major trading currencies on the interbank market, particularly the US dollar.
In its daily update, the Bank of Ghana noted that the cedi is trading at a buying price of GH¢10.44 and a selling price of GH¢10.45 to the dollar as of July 25, 2025.
The British pound is being bought at GH¢14.12 and sold at GH¢14.14, while the euro is trading at a buying price of GH¢12.28 and a selling price of GH¢12.30.
Checks by GhanaWeb Business on July 25, 2025, at 9:00 AM indicate that the cedi is trading at GH¢12.10 while the pound is selling at GH¢16.35 at some forex bureaus across the country.
Additionally, the euro is trading at GH¢14.20 on the retail market.
Meanwhile, the Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has noted that the cedi appreciated by 42% in the first six months of 2025.
During the presentation of the 2025 Mid-Year Budget Review on July 24, 2025, the Minister of Finance, Dr Cassiel Ato Forson, noted that the local currency has had an impressive run in the last six months.
"Mr Speaker, the Cedi's performance in the first half of the year 2025 has been impressive. The Ghana cedi experienced significant appreciation against all major trading currencies in the first six months of 2025.
"I am happy to inform the House that our previous record, where the Ghana cedis used to trade against the US Dollar at 17, is at yesterday, trading at 10.4. The Ghana Cedi, which was once trading at £21, was trading at 14.1 as at yesterday, 23 July," he noted.
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