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Business News of Friday, 24 January 2025

    

Source: www.ghanawebbers.com

BoG Rate: Cedi buys at 15.1124 to a Dollar, sells at 15.1276 on Friday

BoG Rate: Cedi buys at 15.1124 to a Dollar, sells at 15.1276 on Friday BoG Rate: Cedi buys at 15.1124 to a Dollar, sells at 15.1276 on Friday

As of Friday, January 24, the Bank of Ghana (BoG) exchange rates showed slight increases from the previous day.

The Cedi was buying at 15.1124 and selling at 15.1276 to the Dollar, the Pound Sterling was at 18.6291 (buying) and 18.6493 (selling), and the Euro was buying at 15.7234 and selling at 15.7378.

The increment in exchange rates comes amidst President John Dramani Mahama's remarks to the newly appointed Finance Minister, Dr. Cassiel Ato Forson.

During his swearing-in on January 22, Mr. Mahama outlined the public’s expectations, urging Dr. Forson to stabilize the Cedi, reduce inflation, and manage the national debt to sustainable levels, addressing key concerns affecting Ghana's economic outlook.