The Ghanaian cedi has appreciated marginally against major trading currencies following weeks of sustained depreciation.

Last week, the Bank of Ghana injected approximately US$133.50 million into the forex market to bolster its reserves.

Checks by GhanaWeb Business on March 25, 2025, indicate that the cedi is trading at GH¢15.97 on the retail market.

Meanwhile, officials from the International Monetary Fund (IMF) are set to visit Ghana to commence the fourth review of the US$3.0 billion Economic Credit Facility programme. The cedi is expected to remain stable this week, supported by the IMF’s visit.

Additionally, the government is advancing plans to fund its flagship GoldBod initiative to help stabilize the local currency.

The Bank of Ghana's market interventions are also expected to continue, mitigating potential demand pressures.

SP/MA

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