Audio By Carbonatix
The Bank of Ghana's exchange rate data (cedi vs dollar) for Friday, August 15, and Tuesday, August 19, 2025, has raised eyebrows within the foreign exchange market.
The Central Bank publishes daily exchange rate data for the cedi and major international currencies through its social media handles.
The data for the last three weekdays has, however, sparked controversy with the same data for the dollar appearing twice on different days after a major fluctuation in between.
On Friday, August 15, the last trading day of last week, the exchange rates as announced by the Bank of Ghana had the cedi trading at GH¢10.7946 to a dollar and selling at GH¢10.805.

Then on Monday, August 18, the first trading day for this week, the cedi, as released by the Central Bank, appreciated and traded at GH¢10.6447, selling at GH¢10.6553 to the dollar.

However, on the second trading day of this week, that is Tuesday, August 19, the Bank of Ghana again posted the exact figures for Friday, August 15, as the exchange rate for Tuesday, August 19.

The repetition of exchange rate figures has raised eyebrows on social media, with some users accusing the Bank of Ghana of manipulating the figures.
It is normal for exchange rate figures to fluctuate, but for exactly the same data to appear on different days, after a major fluctuation in between, has been described as extremely strange by some commentators on social media.







Latest Stories
-
Pentecost University to host international sustainability conference
2 minutes -
Ampofo Ankrah did not collect World Cup visa money – Lawyer
12 minutes -
Baffour Awuah to spend night in EOCO custody – Atta Akyea
14 minutes -
Torgbiga Wenya III opposes proposed elevation of 36 Anlo chiefs to Paramount status
22 minutes -
The strengthening El Niño and what it could mean for Ghana
25 minutes -
Baffour Awuah formally charged with money laundering, loss of public funds – Lawyer
26 minutes -
Drone flight over EOCO building could attract 30-year jail term – Security consultant
34 minutes -
Flying drone over EOCO premises is strictly prohibited – Security consultant
34 minutes -
SIC file was surrendered to client, EOCO has no reason to search Manhyia South MP’s firm – Atta Akyea
35 minutes -
EOCO search of Baffour Awuah’s law firm raises confidentiality concerns – Atta Akyea
36 minutes -
“I will never ignore an invitation from EOCO if I had received one” — Manhyia MP
38 minutes -
Baffour Awuah ready to cooperate fully with EOCO investigation – Bosome Freho MP
1 hour -
How a Ghanaian technology is helping fish farmers detect hidden threats before fish die
1 hour -
AI tool helps Ghanaian farmers identify crop threats from field observations
1 hour -
NEIP: Designing a Ghana Startup Agency that builds enterprises, not programmes
1 hour