Cedi Slumps: 1 USD Now 11.62 GHS in Ghana

Ghanaian markets buzz with news of the Cedi's latest dip against the dollar. The exchange rate of 1 USD to 11.62 GHS on May 22, 2025, sent ripples through the country's financial landscape. One market vendor, whose excitement was captured on video, expressed his concern about the impact on daily life. "This is a very difficult situation," he said, "the prices of everything are going up." While the video itself is presented in a dramatic fashion, the underlying economic reality is undeniable. The fluctuating value of the Cedi is a significant concern for many Ghanaians. Further reporting is needed to fully understand the implications of this exchange rate and the government's response to the situation. The stability of the Cedi is crucial for Ghana's economic future.