Skip to main content
Markets

Cedi extends three-week rally as GoldBod dollar supply boosts liquidity

The Ghana cedi has posted marginal weekly gains against the US dollar on the interbank market for more than three weeks, with traders largely attributing the recovery to improved foreign exchange liquidity. The gains mark a turnaround from August and early September, when the local currency came under sustained…

Joy BusinessBy Abubakar Ibrahim
Share
Cedi extends three-week rally as GoldBod dollar supply boosts liquidity
Image via Joy Business

Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Joy Business.

Read at Joy Business →

Original headline: “Cedi extends three-week rally as GoldBod dollar supply boosts liquidity”

  • Banking and Finance
  • HP Business 2
  • National
  • cedi stability
  • Goldbod