Forex Market Update for September 24, 2025

The Ghanaian cedi is experiencing fluctuations against major international currencies. Here's a breakdown of the current exchange rates

Forex Bureaus:
- USD/GHS: Buy ₵13.20, Sell ₵13.60
- GBP/GHS: Buy ₵18.20, Sell ₵18.60
- EUR/GHS: Buy ₵15.60, Sell ₵16.00

Banks:
- USD/GHS: Buy ₵12.40, Sell ₵12.68
- GBP/GHS: Buy ₵16.80, Sell ₵17.17
- EUR/GHS: Buy ₵14.60, Sell ₵14.99

Bank of Ghana:
- USD/GHS: ₵12.31
- GBP/GHS: ₵16.64
- EUR/GHS: ₵14.51

REALITY CHECK
Expect the cedi to end September weaker than it began, trading in the upper bands of ₵13.50/USD, ₵19.20/GBP, and ₵16.80/EUR in the open market. Short-term volatility will persist, but policy credibility and targeted inflows remain the strongest anchors for stability.

The Big Reset Lens
Markets thrive on trust, liquidity, and transparency. Ghana’s forex market must evolve beyond firefighting to a system where:
- Bureau rates converge closer to bank benchmarks
- Market psychology is guided by credible policy signals
- The cedi becomes a symbol of confidence, not speculation

“Every exchange rate tells a story. To reset the cedi, Ghana must rewrite that story—from panic and arbitrage to confidence and opportunity.”

Bismarck Kwesi Davis
Resetting Ghana Series

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