The Bank of Ghana (BoG) has published new exchange rate figures showing relative stability of the Ghana Cedi against major international currencies on Monday, May 18.
The Cedi is trading at 11.4068 to the US dollar on the buying side and 11.4182 on the selling side.
This means the local currency continues to show limited movement compared to recent sessions.
The Bank of Ghana data also shows the Cedi trading against other major currencies.
The British Pound Sterling is buying at 15.1973 and selling at 15.2136.
The Euro is also trading at 13.2635 on the buying side and 13.2754 on the selling side.
The Cedi-Dollar rate remains unchanged from figures recorded on Friday, May 15.
This points to continued stability in the foreign exchange market in recent days.
Governor of the Bank of Ghana, Johnson Asiama, says the Cedi’s performance reflects stronger financial management and policy interventions.
He made the remarks during the 3i Africa Summit in Accra.
According to him, inflation has dropped to 3.4 percent as of April 2026, one of the lowest levels under Ghana’s inflation targeting framework.
He also said Ghana recorded a GDP growth rate of 6.0 percent in 2025.
Mr Asiama added that several reforms have strengthened the financial system.
These include amendments to the Bank of Ghana Act to improve independence and accountability.
He also mentioned the passage of the Virtual Asset Service Providers Act, 2025 (Act 1154), which provides regulation for digital finance activities.
In addition, he said new directives now regulate digital credit services and strengthen cybersecurity across the financial sector.
The Governor said these reforms are helping to build confidence in Ghana’s financial system.
He added that stronger regulation and digital oversight will support long-term stability and resilience against cyber risks.
