Ghana's Cedi Slides Past GH¢12 Even as Reserves Hit Record Highs
Reserves are at multi-year highs, yet the cedi has weakened toward GH¢12.5 at the bureaus.
Despite gross international reserves climbing to multi-year highs, the cedi has softened to roughly GH¢12.3 to GH¢12.5 at forex bureaus in June, after an unusually strong 2025. For Ghanaian diaspora senders and savers, the gap between strong fundamentals and a weakening currency is the story to watch, since it shapes both the value of transfers and the timing of any larger conversions.
Source: MyJoyOnline and Ghana News Agency, June 2026.