Cedi sells at GH¢11.49 to $1 ahead of yuletide

 

Ghana’s local currency, the cedi, is trading at GH₵11.49 against major currencies, notably the US dollar on the interbank market as of Tuesday, December 16,2025.

This reflects the mounting pressure the cedi is facing from major foreign currencies ahead of the Christmas and New Year Festivities.

The Minister of Finance, Dr Cassiel Ato Forson, has announced that the government is aiming to achieve a primary surplus of 1.5% of GDP next year, signalling a continued commitment to fiscal discipline.

During the 2026 budget presentation in Parliament on November 13,2025, Dr Forson explained that the overall fiscal deficit is projected at 2.2% of GDP on a commitment basis and 4% on a cash basis.

This approach reflects the government’s goal to balance fiscal consolidation with economic growth, ensuring that the country maintains financial stability while continuing to invest in critical development projects.

As of Tuesday, December 16, 2025, the Bank of Ghana reports the cedi trading at GH₵11.49 to the US dollar.

According to its daily update on the Bank of Ghana interbank market:

Dollar – Buying at GH₵11.48,  selling price of GH₵11.49.

British pound was bought at GH₵15.37 and sold at GH₵15.39.

Euro trades at GH₵13.50 and sold at ₵13.51

On December 16, 2025, at 8:00 a.m., some forex bureaus across the country

Dollar – Buying at GH₵12.10 and selling at GH₵12.50.

pound was buying at GH₵15.80 and selling at GH₵16.70.

Euro was buying at GH₵13.70 and selling at GH₵14.60.

Story by: Mercy Addai Turkson #ahotoronline.com

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