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USD/GHS - US Dollar Ghanaian Cedi

Real-time Currencies
Currency in
GHS
Disclaimer
13.4500
+0.0500(+0.37%)
Real-time Data

USD/GHS Discussions

I see the relative stability as an absolute but at slow pace in the competitive terms
How is the limit for trading
25 USD _Gh cedis
Hello, good evening. Family and friends. please I try to deposit. But no bank in the octaFX
Ghanaian cedi
This new wave up will break the November 2022 high
Pls any reason why the dollar is dropping ?
the federal reserve is expanding currency supply. Also interest rates are expected to be cut
The currency’s appreciation is a result of the reorganization of local debts.The depreciation of the currency was driven by higher crude oil product import bill on the back of rising prices, non-roll over of maturing bonds by non-resident investors, portfolio reversals and sudden exit of non-resident investors in the bond market, as well as loss of market access to Eurobond resources. The effect of these factors has been exacerbated by the strength of the US dollar, resulting in depreciation of the local currency from the beginning of the year-to-date.
Cedi had eventful several months, first was the stable growth of the US Dollar then the interest rates did the trick to place it back on track, we can observe clearly a very huge decline since the beginning of December. We all know that when there are rapid price changes there is always correction coming. 10.1298 looks like a reasonable resistance to test around the end of the fiscal year from the three months timeframe perspective.Nevertheless,Bank of Ghana Monetary Policy and the supply of dollars to the OMCs are also helping in terms of the pressure on the exchange rate as well as the ban on the supply of foreign currency for the import of certain commodities.  So it is a combination of factors accounting for the relative stability of the change rate. The program from the IMF and the debt exchange itself are sending positive signals to the market. The currency’s appreciation is a result of the reorganization of local debts.The depreciation of the currency was driven by higher cru
The Cedi is faring well vs the Greenback in conjunction & reaction to the holiday season, Fed ,BoG policies amid securing IMF Backing . USD/GHS is likely to be seen between 8:16-10:21
I don't think your predictions are correct,
Interesting how do you conduct your fundamental analysis .. kindly share.
so what be it ?
Importers have stocked goods for the exmas holiday season making the cedi seems a bit okay, technically it is just a mirage over a period of time
yes
if you want to invest in this pair, DM me will help you out 0.2.4.0.548990
How do i ?
GHS fundamentals are not good to battle the dollar, however currently the ghs performance is solely base on the IMF relief. In my opinion that's just temporal.
Amy retracement is a buy buy for me
likely Oscillating between 13:88-14:58 prehaps kissing the 15:00 resistance level before retreating
Kissing 15:00 ? 🤨
How well will the dollar perform against the cedi from now till december ?
Any analyst to tell us how the USD will perform against the GHS
the USD will continue to strengthen against the cedi and here's why, because of Ghana's default they no longer have access to the international capital markets, that's going to put pressure on them being able to finance their budgets. this will likely result in hyperinflation because Ghana will have in dollars Ghana will have to print more cedis just to buy dollars which will only increase inflation. the cedi is going to 30 if not 50
With Tech earn session on tap .Global Uncertainties,amid FOMC Rate Hikes QT.Global inflation weighs.The GHS although struggling against the USD.remains defiant in a mixed economy.As Central Banks fumble with monetary & Fiscal tools to tame investor & consumer sentiments.USD/GHSsurges above 14.00 to it's resistance level before entry it's daily comfort zone per the RSIupside to 15:00 may be obtained by end of week before heading to 52week support of 5.62with pains back to a sustained 13:00 pyscological level .The IMF support may help drive the GHS further down .Although OTC participants may have priced in the event.The protracted Tensions between NATO & Russia. OPEC+& US all weighs on the GHS.The GHS rapid fall is likely due to weak Consumer Price Index. Investor confidence, Supply & Demand disruptions.Trade Deficit Balance ,price gouging & negative rethoric.leached in unwarranted capital flight steamed from panic .GHS is likely to oscillate between 14:00 upside 12:89
Great analysis 🤝🤝
No to derail him but he didn't say anything
hello I'm new here
hello I'm new here
USDGHS ,  is always on the bulls run . always in a long position, buy and give it some 5 to 10 years to grow.
strong buy strong hold. it's not about moving fast. its about progress
things are definitely getting out of hand.... Ghs 6.75 as of Monday, 28th Feb. 2022... with GHS Interest rates at 13.5% and USD Interest rates at 0.00% - 0.25%....... whats happening, Ghana...ohhh
it's about time Ghana stands firm in promoting cryptocurrency in building the economy.
gm
things are definitely getting out of hand.... Ghs 6.75 as of Monday, 28th Feb. 2022... with GHS Interest rates at 13.5% and USD Interest rates at 0.00% - 0.25%....... whats happening, Ghana...ohhh
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