The Ghanaian cedi held steady against the US dollar on Monday, October 26, compared with the previous Friday’s rates.
The average buying rate stood at GHS11.81, unchanged from the prior session, while the selling rate was GHS12.15, reflecting a two-pesewa depreciation against Friday.
At forex bureaus, the cedi traded at GHS11.90 for dollar purchases and GHS12.25 for dollar sales.
The data is sourced from Cedirates.com, a Ghanaian platform that monitors daily currency and fuel rates.
On the Bank of Ghana interbank market, the cedi traded at GHS11.64 for purchases and GHS11.66 for sales.
For the British pound, the average forex bureau rate was GHS15.41 for buying and GHS16.34 for selling, while the Bank of Ghana interbank rate stood at GHS15.58.
The euro traded at GHS13.00 for buying and GHS13.83 for selling at forex bureaus, with an interbank rate of GHS13.05.
In the remittance sector, LemFi and Taptap Send offered dollar rates of GHS11.62 and GHS11.63 respectively for transfers from the US or UK to Ghana.
For British pound remittances from the US or UK, LemFi and Taptap Send quoted GHS15.55 and GHS15.60 respectively.
For euro transfers from the US or UK to Ghana, Taptap Send and LemFi provided rates of GHS13.05 and GHS13.01 respectively.
Digital subscription payments for services such as Netflix, Spotify, and Apple Music via Visa and Mastercard were processed at an exchange rate of GHS12.53.
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