Cedi records marginal gains against US dollar with 2 days to Christmas - News Summed Up

Cedi records marginal gains against US dollar with 2 days to Christmas


Business News of Tuesday, 23 December 2025Source: www.ghanaweb.comThe Ghana cedi has recorded some marginal gains against major trading currencies ahead of Christmas day. Data from the Bank of Ghana show that the cedi is trading at GH¢11.42 to the US dollar on the interbank market as of December 23, 2025. However, a weaker cedi typically leads to higher prices for imported goods, such as food, clothing, electronics, and household items, which increases the cost of Christmas and New Year celebrations. Fuel prices may also rise since petroleum products are imported in dollars, potentially leading to higher transportation costs and increased expenses for businesses. Overall, the continued depreciation is expected to reduce purchasing power and place additional strain on household budgets.


Source: GhanaWeb December 23, 2025 10:46 UTC



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