{"id":3638,"date":"2024-08-27T01:01:00","date_gmt":"2024-08-27T01:01:00","guid":{"rendered":"https:\/\/sbmediaonline.com\/?p=3638"},"modified":"2024-08-27T01:01:01","modified_gmt":"2024-08-27T01:01:01","slug":"cedis-exchange-rate-the-cedi-is-trading-at-gh%c2%a216-to-the-us-dollar-and-gh%c2%a221-to-the-british-pound-at-major-forex-bureaus","status":"publish","type":"post","link":"https:\/\/sbmediaonline.com\/?p=3638","title":{"rendered":"Cedi&#8217;s Exchange Rate: The cedi is trading at GH\u00a216 to the US dollar and GH\u00a221 to the British pound at major forex bureaus."},"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\/18922978.295-1.jpg\" alt=\"\" class=\"wp-image-3639\"\/><\/figure>\n\n\n\n<p>Ghana&#8217;s local currency continues to depreciate against major trading currencies.<br><br>The cedi is nearing the GH\u00a216 mark as it sells for GH\u00a215.99 at various forex bureaus across the country.<br><br>As of Friday August 23, 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 was selling at GH\u00a215.98 to $1.<br><br>However, on Monday, August 26, 2024, the British Pound crossed the GH\u00a221 mark and is selling for GH\u00a221.07.<br><br>For instance, the local currency is going for GH\u00a217.86 to \u20ac1 at major forex bureaus.<br><br>Recently, international news portal Bloomberg 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 also experienced some relative stability, 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.<br><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ghana&#8217;s local currency continues to depreciate against major trading currencies. The cedi is nearing the GH\u00a216 mark as it sells for GH\u00a215.99 at various forex [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3639,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3638","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\/3638","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=3638"}],"version-history":[{"count":1,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3638\/revisions"}],"predecessor-version":[{"id":3640,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3638\/revisions\/3640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=\/wp\/v2\/media\/3639"}],"wp:attachment":[{"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sbmediaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}