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Daily MID rates @ +/- 0%
www.oanda.com/currency/historical-rates/
End Date USD per 1GHS % Change (Rate of Depreciation) Key Moments
29-Mar 2.6800 13.32%
28-Mar 2.6552 12.27% Ghana’s Rating Outlook Cut by Fitch as Deficit Goal Breached27-Mar 2.6338 11.37% Stanchart Research wanrs of significant near-term challenges
26-Mar 2.5910 9.56% We’ll continue to borrow for development purposes - Prez Mahama25-Mar 2.5880 9.43%
24-Mar 2.6250 11.00%
23-Mar 2.5906 9.54%
22-Mar 2.6155 10.59%
21-Mar 2.6124 10.46% Ghana cancels 5-year domestic bond auction and planned $1bn Eurobond
20-Mar 2.5949 9.72%
19-Mar 2.5685 8.61%
18-Mar 2.5538 7.98%
17-Mar 2.5466 7.68%
16-Mar 2.5477 7.73%
15-Mar 2.5639 8.41%
14-Mar 2.5502 7.83%
13-Mar 2.5519 7.91%
12-Mar 2.5472 7.71%
11-Mar 2.5732 8.80%
10-Mar 2.5844 9.28%
9-Mar 2.5844 9.28%
8-Mar 2.5475 7.72%
7-Mar 2.5569 8.12%
6-Mar 2.5658 8.49%
5-Mar 2.5588 8.19%
4-Mar 2.5648 8.45%
3-Mar 2.5561 8.08%
2-Mar 2.5575 8.14%
1-Mar 2.5376 7.30%
28-Feb 2.5435 7.55%
27-Feb 2.5249 6.76%
26-Feb 2.5415 7.47% IMF visits Accra from February 12-25, 2014, to conduct discussions for the 2014 Article IV consultation. Press release issued 26 February saying “Ghana’s economy slowed down on the back of sizable external and fiscal imbalances and energy disruptions in the first half of the year”.25-Feb 2.5271 6.86%
24-Feb 2.5138 6.29%
23-Feb 2.5143 6.32%
22-Feb 2.5197 6.54%
21-Feb 2.5130 6.26%
20-Feb 2.5164 6.40%
19-Feb 2.5075 6.03%
18-Feb 2.5279 6.89%
17-Feb 2.5425 7.51%
16-Feb 2.5529 7.95%
15-Feb 2.5481 7.74%
14-Feb 2.5181 6.47%
13-Feb 2.5198 6.55% Bank of Ghana announces clarifications to its Forex controls impossed on 5 Feb
12-Feb 2.4025 1.59%
11-Feb 2.4025 1.59%
10-Feb 2.4025 1.59%
9-Feb 2.4214 2.38%
8-Feb 2.4214 2.38%
7-Feb 2.4779 4.77%
6-Feb 2.4809 4.90%
5-Feb 2.3909 1.10% Bank of Ghana hikes rates and tightens forex controls in bid to defend currency
4-Feb 2.3909 1.10%
3-Feb 2.3909 1.10%
2-Feb 2.3908 1.09%
1-Feb 2.3884 0.99%
31-Jan 2.3853 0.86%
30-Jan 2.4284 2.69%
29-Jan 2.4609 4.06%
28-Jan 2.4477 3.50%
27-Jan 2.4225 2.43%
26-Jan 2.4376 3.07%
25-Jan 2.4163 2.17%
24-Jan 2.4087 1.85%
23-Jan 2.4018 1.56%
22-Jan 2.4029 1.60%
21-Jan 2.3993 1.45%
20-Jan 2.3725 0.32%
19-Jan 2.3948 1.26%
18-Jan 2.3866 0.92%
17-Jan 2.4066 1.76%
16-Jan 2.3688 0.16%
15-Jan 2.3787 0.58%
14-Jan 2.3847 0.84%
13-Jan 2.3818 0.71%
12-Jan 2.3818 0.71%
11-Jan 2.3962 1.32%
10-Jan 2.3759 0.46%
9-Jan 2.3669 0.08%
8-Jan 2.3626 -0.10%
7-Jan 2.3509 -0.60%
6-Jan 2.3438 -0.89%
5-Jan 2.3438 -0.89%
4-Jan 2.3324 -1.37%
3-Jan 2.3522 -0.54%
2-Jan 2.3691 0.18%
1-Jan 2.3650 0.00%
Period Average 2.4798
Period Low 2.3324
Period High 2.68
4-Mar-12
26-Feb-12
19-Feb-12
12-Feb-12
5-Feb-12
29-Jan-12
22-Jan-12
15-Jan-12
8-Jan-12
1-Jan-12
25-Dec-11
18-Dec-11
11-Dec-11
4-Dec-11
27-Nov-11
20-Nov-11
13-Nov-11
6-Nov-11
30-Oct-11
23-Oct-11
16-Oct-11
9-Oct-11
2-Oct-11
25-Sep-11
18-Sep-11
11-Sep-11
4-Sep-11
28-Aug-11
21-Aug-11
14-Aug-11
7-Aug-11
31-Jul-11
24-Jul-11
17-Jul-11
10-Jul-11
3-Jul-11
26-Jun-11
19-Jun-11
12-Jun-11
5-Jun-11
29-May-11
22-May-11
15-May-11
8-May-11
1-May-11
24-Apr-11
17-Apr-11
10-Apr-11
3-Apr-11
27-Mar-11
20-Mar-11
13-Mar-11
6-Mar-11
27-Feb-11
20-Feb-11
13-Feb-11
6-Feb-11
30-Jan-11
23-Jan-11
16-Jan-11
9-Jan-11
2-Jan-11
26-Dec-10
19-Dec-10
12-Dec-10
5-Dec-10
28-Nov-10
21-Nov-10
14-Nov-10
7-Nov-10
31-Oct-10
24-Oct-10
17-Oct-10
10-Oct-10
3-Oct-10
26-Sep-10
19-Sep-10
12-Sep-10
5-Sep-10
29-Aug-10
22-Aug-10
15-Aug-10
8-Aug-10
1-Aug-10
25-Jul-10
18-Jul-10
11-Jul-10
4-Jul-10
27-Jun-10
20-Jun-10
13-Jun-10
6-Jun-10
30-May-10
23-May-10
16-May-10
9-May-10
2-May-10
25-Apr-10
18-Apr-10
11-Apr-10
4-Apr-10
28-Mar-10
21-Mar-10
14-Mar-10
7-Mar-10
28-Feb-10
21-Feb-10
14-Feb-10
7-Feb-10
31-Jan-10
24-Jan-10
17-Jan-10
10-Jan-10
3-Jan-10
27-Dec-09
20-Dec-09
13-Dec-09
6-Dec-09
29-Nov-09
22-Nov-09
15-Nov-09
8-Nov-09
1-Nov-09
25-Oct-09
18-Oct-09
11-Oct-09
4-Oct-09
27-Sep-09
20-Sep-09
13-Sep-09
6-Sep-09
30-Aug-09
23-Aug-09
16-Aug-09
9-Aug-09
2-Aug-09
26-Jul-09
19-Jul-09
12-Jul-09
5-Jul-09
28-Jun-09
21-Jun-09
14-Jun-09
7-Jun-09
31-May-09
24-May-09
17-May-09
10-May-09
3-May-09
26-Apr-09
19-Apr-09
12-Apr-09
5-Apr-09
29-Mar-09
22-Mar-09
15-Mar-09
8-Mar-09
1-Mar-09
22-Feb-09
15-Feb-09
8-Feb-09
1-Feb-09
25-Jan-09
18-Jan-09
11-Jan-09
Average weekly MID rates @ +/- 0%
www.oanda.com/currency/historical-rates/
Week End Date EUR/GHS GBP/GHS USD/GHS
23-Mar-14 3.5808 4.281 2.5832
Ghana’s Rating Outlook Cut by Fitch as Deficit Goal Breached 16-Mar-14 3.5547 4.2628 2.5598Stanchart Research wanrs of significant near-term challenges 9-Mar-14 3.5344 4.2825 2.562
We’ll continue to borrow for development purposes - Prez Mahama 3.43% 2-Mar-14 3.4833 4.2273 2.535123-Feb-14 3.4585 4.2063 2.5202
16-Feb-14 3.3831 4.1006 2.478
9-Feb-14 3.2838 3.9667 2.4249
2-Feb-14 3.2921 3.9929 2.4177
Ghana cancels 5-year domestic bond auction and planned $1bn Eurobond 26-Jan-14 3.2703 3.9681 2.4056
19-Jan-14 3.2509 3.9164 2.386
12-Jan-14 3.2244 3.8921 2.3683
5-Jan-14 3.2385 3.8929 2.3605
29-Dec-13 3.2332 3.8681 2.3595
22-Dec-13 3.1971 3.8054 2.3307
15-Dec-13 3.1855 3.7933 2.3178
8-Dec-13 3.1218 3.7531 2.293
1-Dec-13 3.0822 3.6948 2.2712
24-Nov-13 3.0609 3.6591 2.2665
17-Nov-13 3.0097 3.5899 2.2409
10-Nov-13 3.0115 3.5831 2.2373
3-Nov-13 3.0264 3.5511 2.2112
27-Oct-13 3.0114 3.5426 2.1902
20-Oct-13 2.9748 3.5111 2.1889
13-Oct-13 2.9615 3.4982 2.1856
6-Oct-13 2.9548 3.5204 2.1801
29-Sep-13 2.9344 3.4867 2.1722
22-Sep-13 2.9222 3.4769 2.177
15-Sep-13 2.8806 3.4233 2.1727
8-Sep-13 2.8361 3.3519 2.1515
1-Sep-13 2.8606 3.3363 2.148
25-Aug-13 2.8602 3.3442 2.1408
IMF visits Accra from February 12-25, 2014, to conduct discussions for the 2014 Article IV consultation. Press release issued 26 February saying “Ghana’s economy slowed down on the back of sizable external and fiscal imbalances and energy disruptions in the first half of the year”.18-Aug-13 2.7965 3.2645 2.101511-Aug-13 2.7785 3.2167 2.0868
4-Aug-13 2.7653 3.1838 2.0847
28-Jul-13 2.7378 3.1788 2.0719
21-Jul-13 2.681 3.1037 2.0459
14-Jul-13 2.6299 3.0489 2.0335
7-Jul-13 2.6343 3.0743 2.0324
30-Jun-13 2.6454 3.1055 2.0246
23-Jun-13 2.6706 3.132 2.0102
16-Jun-13 2.6635 3.132 2.0038
9-Jun-13 2.6197 3.0746 1.9981
2-Jun-13 2.5863 3.0231 1.9969
26-May-13 2.5716 3.0204 1.9949
Bank of Ghana announces clarifications to its Forex controls impossed on 5 Feb 19-May-13 2.5696 3.0365 1.9893
12-May-13 2.5891 3.0669 1.9795
5-May-13 2.5819 3.0594 1.9699
28-Apr-13 2.5622 3.014 1.9663
21-Apr-13 2.5475 2.9777 1.9469
14-Apr-13 2.5347 2.9759 1.9407
7-Apr-13 2.4928 2.9451 1.9368
31-Mar-13 2.4955 2.9453 1.9394
Bank of Ghana hikes rates and tightens forex controls in bid to defend currency 24-Mar-13 2.5121 2.9363 1.9389
17-Mar-13 2.5085 2.8868 1.927
10-Mar-13 2.4969 2.8815 1.9165
3-Mar-13 2.5156 2.9041 1.9196
24-Feb-13 2.5312 2.9235 1.9039
17-Feb-13 2.5483 2.9729 1.9033
10-Feb-13 2.5813 3.0038 1.9109
3-Feb-13 2.5736 2.9979 1.9016
27-Jan-13 2.5519 3.0253 1.9108
20-Jan-13 2.5384 3.0496 1.9033
13-Jan-13 2.4863 3.0409 1.8907
6-Jan-13 2.5051 3.0795 1.9042
30-Dec-12 2.5102 3.0688 1.9007
23-Dec-12 2.499 3.0706 1.8935
16-Dec-12 2.4629 3.0455 1.891
9-Dec-12 2.469 3.0477 1.8973
2-Dec-12 2.4648 3.0453 1.9007
25-Nov-12 2.4219 3.007 1.8866
18-Nov-12 2.393 2.9847 1.88
11-Nov-12 2.4108 3.0142 1.8867
4-Nov-12 2.4336 3.0288 1.8835
28-Oct-12 2.4421 3.0169 1.8805
21-Oct-12 2.4625 3.0393 1.8905
14-Oct-12 2.4496 3.0377 1.8921
7-Oct-12 2.4553 3.0638 1.8979
30-Sep-12 2.4677 3.0973 1.9116
23-Sep-12 2.4866 3.0933 1.906
16-Sep-12 2.4536 3.058 1.9001
9-Sep-12 2.4352 3.0676 1.9276
2-Sep-12 2.424 3.0592 1.9336
26-Aug-12 2.4143 3.0604 1.9392
19-Aug-12 2.4002 3.0573 1.9483
12-Aug-12 2.412 3.0535 1.9526
5-Aug-12 2.4029 3.059 1.9551
29-Jul-12 2.3888 3.0584 1.9603
22-Jul-12 2.3873 3.0479 1.9499
15-Jul-12 2.3963 3.0319 1.9551
8-Jul-12 2.4354 3.04 1.9472
1-Jul-12 2.4262 3.0198 1.9352
24-Jun-12 2.435 3.0218 1.9286
17-Jun-12 2.4099 2.9826 1.9172
10-Jun-12 2.3673 2.9244 1.8954
3-Jun-12 2.364 2.9478 1.8967
27-May-12 2.3977 2.9823 1.8948
20-May-12 2.4256 3.0252 1.8968
13-May-12 2.436 3.0263 1.8762
6-May-12 2.4493 3.0115 1.8579
29-Apr-12 2.4216 2.9641 1.8335
22-Apr-12 2.3804 2.8973 1.8135
15-Apr-12 2.3444 2.8421 1.7887
8-Apr-12 2.3549 2.8403 1.783
1-Apr-12 2.3627 2.8278 1.7744
25-Mar-12 2.3196 2.7824 1.7549
18-Mar-12 2.2664 2.7159 1.7289
11-Mar-12 2.2591 2.7046 1.7144
4-Mar-12 2.2763 2.7059 1.7035
26-Feb-12 2.2629 2.6913 1.7033
19-Feb-12 2.2476 2.6936 1.7093
12-Feb-12 2.2375 2.6812 1.6957
5-Feb-12 2.2139 2.6544 1.6828
29-Jan-12 2.2244 2.6634 1.7042
22-Jan-12 2.2185 2.6702 1.7328
15-Jan-12 2.1391 2.5842 1.6793
8-Jan-12 2.1255 2.5599 1.6483
1-Jan-12 2.1325 2.5506 1.6397
25-Dec-11 2.1391 2.5583 1.6391
18-Dec-11 2.1628 2.5619 1.6469
11-Dec-11 2.2017 2.5717 1.6442
4-Dec-11 2.2034 2.5691 1.6481
27-Nov-11 2.1866 2.5438 1.6311
20-Nov-11 2.1939 2.5634 1.6158
13-Nov-11 2.2092 2.5793 1.6105
6-Nov-11 2.2176 2.5648 1.6005
30-Oct-11 2.2317 2.5551 1.5948
23-Oct-11 2.2443 2.5693 1.6251
16-Oct-11 2.2205 2.5474 1.624
9-Oct-11 2.1475 2.4936 1.6095
2-Oct-11 2.1425 2.4681 1.5851
25-Sep-11 2.1365 2.4469 1.569
18-Sep-11 2.14 2.4669 1.56
11-Sep-11 2.1518 2.4645 1.5379
4-Sep-11 2.1962 2.4879 1.5273
28-Aug-11 2.1986 2.5029 1.5245
21-Aug-11 2.1954 2.5099 1.5285
14-Aug-11 2.1752 2.4854 1.5257
7-Aug-11 2.1544 2.4686 1.5094
31-Jul-11 2.1759 2.4729 1.5123
24-Jul-11 2.1552 2.4511 1.5149
17-Jul-11 2.1453 2.4353 1.518
10-Jul-11 2.1842 2.4329 1.5167
3-Jul-11 2.1795 2.4285 1.5165
26-Jun-11 2.1681 2.4441 1.5178
19-Jun-11 2.1735 2.4669 1.5188
12-Jun-11 2.207 2.4809 1.516
5-Jun-11 2.1712 2.4738 1.5054
29-May-11 2.1415 2.4651 1.5136
22-May-11 2.1516 2.4569 1.5157
15-May-11 2.1557 2.4649 1.5101
8-May-11 2.2178 2.4942 1.5092
1-May-11 2.212 2.4955 1.505
24-Apr-11 2.1851 2.479 1.512
17-Apr-11 2.1847 2.4674 1.5113
10-Apr-11 2.1611 2.4568 1.5109
3-Apr-11 2.1577 2.4502 1.5271
27-Mar-11 2.1663 2.4806 1.5302
20-Mar-11 2.1316 2.4536 1.5224
13-Mar-11 2.1155 2.4579 1.5205
6-Mar-11 2.0928 2.4528 1.5103
27-Feb-11 2.0634 2.4336 1.5039
20-Feb-11 2.0386 2.4214 1.5027
13-Feb-11 2.0862 2.4661 1.5338
6-Feb-11 2.1459 2.5193 1.5686
30-Jan-11 2.0907 2.4365 1.5315
23-Jan-11 2.0096 2.3826 1.4947
16-Jan-11 1.9428 2.3259 1.4826
9-Jan-11 1.9566 2.3056 1.4841
2-Jan-11 1.9533 2.2848 1.477
26-Dec-10 1.9286 2.2716 1.4683
19-Dec-10 1.9414 2.2956 1.4631
12-Dec-10 1.9314 2.2919 1.4532
5-Dec-10 1.909 2.2591 1.4463
28-Nov-10 1.9434 2.2857 1.4451
21-Nov-10 1.9621 2.3059 1.4403
14-Nov-10 1.9866 2.317 1.4376
7-Nov-10 2.0173 2.3158 1.4372
31-Oct-10 1.9853 2.2613 1.427
24-Oct-10 1.9948 2.2628 1.4325
17-Oct-10 2.0006 2.2833 1.4323
10-Oct-10 1.9726 2.2618 1.4241
3-Oct-10 1.938 2.2534 1.4248
26-Sep-10 1.9008 2.245 1.4324
19-Sep-10 1.8555 2.2258 1.4333
12-Sep-10 1.8304 2.2097 1.4341
5-Sep-10 1.8331 2.215 1.4339
29-Aug-10 1.8221 2.2242 1.4347
22-Aug-10 1.8368 2.2372 1.4353
15-Aug-10 1.8633 2.2546 1.4321
8-Aug-10 1.8887 2.2743 1.433
1-Aug-10 1.878 2.2488 1.4444
25-Jul-10 1.8756 2.2251 1.4544
18-Jul-10 1.8446 2.1992 1.4463
11-Jul-10 1.8204 2.1863 1.4437
4-Jul-10 1.7729 2.1613 1.4326
27-Jun-10 1.7719 2.1406 1.4363
20-Jun-10 1.7608 2.1135 1.433
13-Jun-10 1.7234 2.0824 1.4339
6-Jun-10 1.7457 2.0847 1.4324
30-May-10 1.7672 2.0678 1.4312
23-May-10 1.7661 2.0539 1.4238
16-May-10 1.8007 2.1032 1.4249
9-May-10 1.8452 2.1427 1.4239
2-May-10 1.8823 2.1694 1.4162
25-Apr-10 1.9 2.1764 1.417
18-Apr-10 1.9171 2.1782 1.4136
11-Apr-10 1.9039 2.1643 1.4178
4-Apr-10 1.9114 2.1424 1.4175
28-Mar-10 1.9007 2.1157 1.4149
21-Mar-10 1.9417 2.1528 1.4202
14-Mar-10 1.9334 2.1335 1.4149
7-Mar-10 1.9373 2.1458 1.4235
28-Feb-10 1.9345 2.1893 1.4243
21-Feb-10 1.9422 2.2271 1.4259
14-Feb-10 1.9611 2.2418 1.4326
7-Feb-10 1.9905 2.2823 1.4386
31-Jan-10 2.0108 2.3102 1.4324
24-Jan-10 2.0237 2.3107 1.4216
17-Jan-10 2.0545 2.3004 1.4206
10-Jan-10 2.0588 2.2993 1.4332
3-Jan-10 2.0581 2.2973 1.4325
27-Dec-09 2.0511 2.293 1.4305
20-Dec-09 2.0765 2.3246 1.4322
13-Dec-09 2.1202 2.3474 1.4371
6-Dec-09 2.1546 2.3744 1.435
29-Nov-09 2.1415 2.3672 1.4306
22-Nov-09 2.1359 2.3901 1.4327
15-Nov-09 2.1388 2.3866 1.4325
8-Nov-09 2.117 2.3606 1.4312
1-Nov-09 2.1368 2.3596 1.4394
25-Oct-09 2.1574 2.3677 1.4415
18-Oct-09 2.1468 2.3195 1.4461
11-Oct-09 2.1281 2.3094 1.4485
4-Oct-09 2.1167 2.3097 1.449
27-Sep-09 2.1334 2.3471 1.4497
20-Sep-09 2.1324 2.3983 1.4548
13-Sep-09 2.1031 2.4018 1.4534
6-Sep-09 2.0861 2.3789 1.4606
30-Aug-09 2.0954 2.3946 1.4646
23-Aug-09 2.0919 2.4277 1.4727
16-Aug-09 2.0972 2.446 1.4771
9-Aug-09 2.1332 2.5063 1.4895
2-Aug-09 2.1321 2.4814 1.5038
26-Jul-09 2.129 2.4663 1.5003
19-Jul-09 2.1013 2.4425 1.4976
12-Jul-09 2.0897 2.4294 1.4983
5-Jul-09 2.1019 2.4623 1.4965
28-Jun-09 2.0846 2.4516 1.491
21-Jun-09 2.0721 2.441 1.4888
14-Jun-09 2.0795 2.4153 1.4855
7-Jun-09 2.0964 2.4095 1.4819
31-May-09 2.0573 2.3504 1.4697
24-May-09 1.9965 2.2653 1.4557
17-May-09 1.9739 2.2057 1.4516
10-May-09 1.9412 2.1829 1.4503
3-May-09 1.9122 2.1341 1.4478
26-Apr-09 1.8815 2.111 1.4411
19-Apr-09 1.8876 2.1228 1.4318
12-Apr-09 1.8892 2.092 1.4203
5-Apr-09 1.8811 2.0448 1.412
29-Mar-09 1.9071 2.0471 1.4109
22-Mar-09 1.8521 1.9868 1.3986
15-Mar-09 1.7847 1.9465 1.3981
8-Mar-09 1.7589 1.9731 1.3948
1-Mar-09 1.772 1.9977 1.3886
22-Feb-09 1.7483 1.9663 1.3754
15-Feb-09 1.7504 1.9734 1.356
8-Feb-09 1.724 1.9444 1.3407
1-Feb-09 1.7214 1.8689 1.3215
25-Jan-09 1.7031 1.8425 1.3053
18-Jan-09 1.7256 1.9206 1.2986
11-Jan-09 1.7524 1.9138 1.2848
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
2.1
2.2
2.3
2.4
2.5
2.6
2.7
2.8
1-Jan 8-Jan 15-Jan 22-Jan 29-Jan 5-Feb 12-Feb 19-Feb 26-Feb 5-Mar 12-Mar 19-Mar 26-Mar
Rat
e o
f D
ep
reci
atio
n
Exch
ange
Rat
e (
USD
/GH
S)
Ghana Cedi YTD Exchange Rate and Depreciation
USD per 1GHS % Change (Rate of Depreciation)
Key Events
5 Feb: Bank of Ghana hikes interest rates and tightens forex controls in a bid to defend local currency. 13 Feb: Bank of Ghana announces clarifications to its Forex controls imposed on 5 Feb. 26 Feb: IMF team visits Accra from February 12-25 to conduct discussionsfor the 2014 Article IV consultation. Press release issued 26 February saying “Ghana’s economy slowed down on the back of sizable external and fiscal imbalances and energy disruptions in the first half of the year”. 21 Mar: Ghana cancels 5-year domestic bond auction and planned $1bn Eurobond. 26 Mar: We’ll continue to borrow for development purposes - Prez Mahama. 27 Mar: Stanchart Research warns of significant near-term challenges. 28 Mar: Ghana’s Rating Outlook Cut by Fitch as Deficit Goal Breached. JPMorgan sees Ghana Cedi dropping 20% on inflation and low reserves. 02 Apr: MPC of the Bank of Ghana to hold its 60th regular meeting beginning March
Highly volatile FX rates pre-BOG
intervention. See red depreciation
Reduced volatitily in FX rates post BOG
intervention but Cedi still loosing value due to weak fundamentals
Policy inconsitency and double talk by
gov't officials the last few days sends Cedi
further tumbling
© Theo Acheampong, Africa Economics LLC, 2014
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Weekly Ghana Cedi Exchange Rate Movement against the Pound, Euro and Dollar
EUR/GHS GBP/GHS USD/GHS
Post 2008 election austerity
programme
Cedi loses value in the run up to
the 2012 elections
Twin budget and current
account deficits
Bank of Ghana Forex
Controls