Read also:
- Finance Minister Warns Against Pricing Goods in Foreign Currencies
- Court Withdraws Arrest Warrant for NPP’s Chairman Wontumi
- Paul Afoko Declares Intention to Contest for NPP National Chairmanship
- Ghana Water Limited Shuts Down Teshie-Nungua Desalination Plant
- Ivory Coast president Alassane Ouattara, 83, secures fourth term after two rivals barred
El Samuels, MBN360 News
Governor of the Bank of Ghana, Dr. Johnson Asiama, has reiterated the central bank’s dedication to maintaining exchange rate stability and consolidating recent gains. Speaking at the launch of the Cedi@60 celebrations in Accra, Dr. Asiama emphasized the Bank of Ghana’s focus on sustaining confidence in the local currency and strengthening the foundation for long-term economic stability.
The Ghana cedi has been performing exceptionally well, with a 37% appreciation against the US dollar as of October 17, 2025. This impressive performance has earned the cedi recognition as the best-performing currency in Sub-Saharan Africa, according to the World Bank. Dr. Asiama attributed this success to a combination of factors;
The government’s efforts to reduce fiscal deficits and promote macroeconomic stability. The Bank of Ghana’s commitment to controlling inflation and maintaining price stability. Improved investor confidence and public trust in the economy
Dr. Asiama assured that the Bank of Ghana remains committed to its mandate of maintaining economic stability and promoting sustainable growth. The Cedi@60 celebrations mark six decades since Ghana introduced the cedi as its national currency, a milestone that highlights the country’s economic progress and resilience.
