Ghanaian Cedi Depreciates 3.1% Against Dollar in July, Year-to-Date Loss at 10.4%

The Ghanaian Cedi depreciated by 3.1% against the US dollar in July, bringing its year-to-date loss to 10.4%, as foreign exchange demand rebounded due to energy and other imports.

13 Aug, 07:03 — 13 Aug, 07:03

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myjoyonlineMixed20d ago

Cedi depreciated by 3.1% to dollar in July, increasing year-to-date loss to 10.4%

According to market analysts, the foreign exchange demand rebounded in July 2026 after June’s retreat, partly due to energy and other imports.

By Charles Nixon

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Ghanaian Cedi Depreciates 3.1% Against Dollar in July, Year-to-Date Loss at 10.4%

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Cedi depreciated by 3.1% to dollar in July, increasing year-to-date loss to 10.4%

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