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Breaking: Dollar Rises As BoG Releases Daily Exchange Rates For Friday May 30, 2025
May 31, 2025
The Bank of Ghana has published the official interbank exchange rates for Friday, 30th May, 2025, providing key insights into the buying and selling prices of major international currencies used by commercial banks for foreign exchange transactions. These rates reflect market dynamics as of the close of business on Thursday, 29th May, 2025.
The release, part of the Bank of Ghana’s regular commitment to ensuring transparency in the foreign exchange market, includes the Ghanaian cedi’s performance against the US Dollar (USD), British Pound Sterling (GBP), and the Euro (EUR).
Exchange Rates Summary
US Dollar (USD)
Buying: GH¢10.2949
Selling: GH¢10.3052
British Pound Sterling (GBP)
Buying: GH¢13.8826
Selling: GH¢13.8975
Euro (EUR)
Buying: GH¢11.6975
Selling: GH¢11.7081
These rates represent the average interbank prices at which commercial banks in Ghana buy and sell foreign currencies. The buying rate indicates how much banks pay in cedis to purchase one unit of foreign currency, while the selling rate reflects the price at which banks sell one unit of foreign currency to customers.
The marginal spreads between buying and selling rates underscore relative market stability and competitiveness in Ghana's foreign exchange market. For instance, the difference between the buying and selling rates for the USD stands at just 0.0103, reflecting low volatility.
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