{"id":2875,"date":"2024-08-20T01:05:12","date_gmt":"2024-08-20T01:05:12","guid":{"rendered":"https:\/\/sbmediaonline.com\/?p=2875"},"modified":"2024-08-20T01:05:13","modified_gmt":"2024-08-20T01:05:13","slug":"as-of-august-19-cedi-exchange-rates-stand-at-gh%c2%a215-97-per-usd-and-gh%c2%a220-61-per-gbp-at-leading-forex-bureaus","status":"publish","type":"post","link":"https:\/\/sbmediaonline.com\/?p=2875","title":{"rendered":"&#8220;As of August 19, cedi exchange rates stand at GH\u00a215.97 per USD and GH\u00a220.61 per GBP at leading forex bureaus&#8221;"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/uwordpressmedia.blob.core.windows.net\/uwordpressmedia01\/2024\/08\/18922978.295.jpg\" alt=\"\" class=\"wp-image-2876\"\/><\/figure>\n\n\n\n<p>The depreciation of Ghana&#8217;s local currency (the cedi) against major trading currencies, especially the US dollar has deepened in recent times.<br><br>As of Friday, August 19, 2024, at 10:00 AM, checks by\u00a0<a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=3718\" target=\"_blank\" rel=\"noreferrer noopener\">GhanaWeb<\/a>\u00a0Business showed that the cedi is selling at GH\u00a215.97 to $1 at some major forex bureaus in the capital, Accra.<br><br>This decline in the cedi&#8217;s value is also evident among other trading currencies such as the British Pound and Euro.<br><br>For instance, the local currency is going for GH\u00a220.61 to \u00a31 while selling at GH\u00a217.58 for \u20ac1 at major forex bureaus across the country.<br><br>International news portal Bloomberg recently ranked the Ghana cedi as the fourth-worst performing currency among 150 top currencies tracked globally.<br><br>While the cedi has lost almost 23% of its value against the US dollar, the local currency has experienced some relative stability this month [July], according to a Bloomberg survey.<br><br>The Cedi&#8217;s performance has been attributed to increased demand for the US dollar to purchase  petroleum products, pharmaceuticals, and other imported goods.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The depreciation of Ghana&#8217;s local currency (the cedi) against major trading currencies, especially the US dollar has deepened in recent times. As of Friday, August [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2876,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/2875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2875"}],"version-history":[{"count":1,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/2875\/revisions"}],"predecessor-version":[{"id":2877,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/2875\/revisions\/2877"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/media\/2876"}],"wp:attachment":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}