Business News of Tuesday, 16 December 2025
Source: www.ghanaweb.com
Ghanaians may feel the pinch this festive season as the cedi continues to lose ground against major foreign currencies.
Bank of Ghana figures show that as of Tuesday, December 16, 2025, the cedi is trading at GH¢11.49 to US$1 on the interbank market. At various forex bureaus, the local currency is selling at GH¢12.50 to a dollar.
The weaker currency is expected to push up the prices of imported goods such as food, clothing, electronics, and other household items, making Christmas shopping more expensive for many families.
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Petroleum prices could also increase due to higher import costs, which may lead to increased transport fares and higher prices across the economy.
For households already under financial strain, the continued pressure on the cedi could mean cutting back on festive spending to cope with rising costs.
Here's how the cedi is faring on the Bank of Ghana interbank market:
• Dollar – Buying at GH¢11.48, Selling at GH¢11.49
• Pound – Buying at GH¢15.37, Selling at GH¢15.39
• Euro – Buying at GH¢13.50, Selling at GH¢13.51
Here's how the cedi is trading at the forex bureaus
• Dollar – Buying at GH¢12.10, Selling at GH¢12.50
• Pound – Buying at GH¢15.80, Selling at GH¢16.70
• Euro – Buying at GH¢13.70, Selling at GH¢14.60

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