The Ghana cedi depreciated against the US dollar, euro and British pound during the week ending July 31, 2026, with the euro recording the largest appreciation against the local currency.
Bank of Ghana interbank exchange rate data showed that all three major trading currencies strengthened against the cedi between July 27 and July 31.
The US dollar buying rate rose from GHS11.6292 on Monday, July 27, to GHS11.6801 on Friday, July 31, while the selling rate increased from GHS11.6408 to GHS11.6917 over the same period.
The movement represented a depreciation of about 0.44 percent in the value of the cedi against the US dollar.
The euro posted the strongest weekly gain, with its buying rate rising from GHS13.24 to GHS13.45, while the selling rate increased from GHS13.25 to GHS13.48.
The cedi consequently depreciated by about 1.7 percent against the euro during the review period.
The British pound also appreciated against the local currency. Its buying rate increased from GHS15.5180 at the beginning of the week to GHS15.73 on Friday, while the selling rate rose from GHS15.53 to GHS15.74.
The cedi lost about 1.38 percent of its value against the pound during the week.
Daily exchange rate movements showed that the US dollar appreciated gradually throughout the week, while the euro and pound recorded sharper gains towards the close of the trading period.
On Friday alone, the euro buying rate climbed to GHS13.46 from GHS13.26 on Thursday, while the pound buying rate rose to GHS15.73 from GHS15.48.
At the close of trading on Friday, the British pound remained the highest-valued currency among the three, selling at GHS15.74. The euro sold at GHS13.48, while the US dollar closed at GHS11.69.
Overall, the cedi recorded its largest weekly depreciation against the euro, followed by the British pound, while its decline against the US dollar was comparatively modest.
