Bank of Ghana Releases New Exchange Rates for Monday, June 16, 2025

The Bank of Ghana's official forex rates for June 16, 2025, show minimal changes across major currencies, reflecting continued cedi stability amid mild global pressures.

Bank of Ghana Releases New Exchange Rates for Monday, June 16, 2025

The Bank of Ghana has released its interbank foreign exchange reference rates for Monday, June 16, 2025, showing only marginal changes in major currency pairings. The data underscores the Ghanaian cedi’s relative resilience in the face of persistent global currency pressures.

Official Exchange Rates (as of June 16, 2025):

  • US Dollar (USD)

    • Buying: GH¢10.3448

    • Selling: GH¢10.3552

  • British Pound (GBP)

    • Buying: GH¢14.0690

    • Selling: GH¢14.0841

  • Euro (EUR)

    • Buying: GH¢11.9614

    • Selling: GH¢11.9732

While the cedi registered a negligible 0.01% depreciation against the US dollar compared to the previous week, there were slight gains in the pound and euro trading windows. These modest fluctuations highlight a cautiously optimistic market outlook, bolstered by sustained foreign inflows and prudent central bank policy actions.

Financial analysts note that the cedi’s current stability is underpinned by investor confidence in Ghana’s macroeconomic framework, improved fiscal positioning, and the Bank of Ghana’s measured interventions. However, they caution that external risks—particularly from rising oil prices and uncertain global interest rate movements—could affect the currency’s trajectory in the coming months.

Retail forex bureau rates continue to hover above interbank levels, reflecting real-time supply-demand adjustments and market-specific pricing.

The Bank of Ghana reiterated its call for businesses and consumers to use official sources for exchange rate guidance, ensuring transactional accuracy and preserving pricing integrity across the economy.

Stay tuned for further updates on Ghana’s economic indicators and currency developments.