Cedi holds firm against dollar as pound edges up and euro slips: Latest Bank of Ghana rates

The pound rose to GH¢15.7005 buying and GH¢15.7174 selling.

The euro declined to GH¢13.0870 buying and GH¢13.1000 selling.

The central bank’s figures show that the dollar’s buying rate remained at GH¢11.6542, while its selling rate also held steady at GH¢11.6658, the same levels recorded in the previous day’s rates.

The British pound recorded marginal gains against the cedi. Its buying rate increased from GH¢15.6970 on Thursday, November 5, to GH¢15.7005 on Friday, representing a rise of GH¢0.0035.

Also Read: Cedi holds firm against dollar as pound and euro fall: BoG interbank rates

The euro, however, moved in the opposite direction, with both its buying and selling rates declining. Its buying rate fell from GH¢13.0939 to GH¢13.0870, representing a decrease of GH¢0.0069.

Similarly, the euro’s selling rate dropped from GH¢13.1059 to GH¢13.1000, a reduction of GH¢0.0059.

Also Read: Ghana cedi rises against dollar, pound and euro: Latest BoG interbank rates

The Bank of Ghana’s published rates serve as a reference for foreign exchange transactions, although the rates offered by individual banks and forex bureaux may vary.

Also Read: Ghana cedi weakens against dollar, pound and euro: Latest BoG rates for October 30