Business News of Monday, 2 March 2026Source: www.ghanaweb.comDatabank, in its 2026 Economic Outlook report, has projected that the cedi will stabilise in 2026, ending the year at GH¢12.85 to the US dollar. According to the report, the projection is influenced by demand from bulk importers, the energy sector, and upcoming Eurobond payments. It noted that sustained gold-backed inflows are expected to strengthen the central bank’s capacity to manage market expectations and reduce volatility in the foreign exchange market. China was identified as leading this pivot amid uncertainty surrounding US policy direction. Databank Research maintained a neutral-to-positive outlook for the cedi, underpinned by tighter foreign exchange regulations and resilient reserve buffers considered sufficient to absorb moderate demand pressures.

Source: GhanaWeb March 02, 2026 11:48 UTC