Governor of the Bank of Ghana, Dr. Johnson Asiama, has assured that the central bank will continue to pursue prudent monetary and fiscal policies to sustain exchange rate stability and consolidate Ghana’s recent economic gains.
Speaking at the launch of the Cedi@60 celebrations in Accra, Dr. Asiama said the impressive performance of the Ghana cedi in 2025 reflects deliberate and disciplined policy choices.
“The Cedi has appreciated by 37 percent as at October 17, and according to the World Bank, it is the world’s best currency in Sub-Saharan Africa. This gain is not by accident. They are the result of hard and sometimes unpopular policies — fiscal consolidation by government, a tight monetary policy stance by the Bank of Ghana, and renewed confidence in the investor community and the public.”
He reaffirmed that the central bank remains committed to policies that safeguard the currency and strengthen Ghana’s long-term economic resilience.
“As we celebrate 60 years of the Cedi, as your central bank, our mandate remains unchanged,” he emphasized.
The World Bank recently ranked the Ghana cedi as the best-performing currency in Sub-Saharan Africa, attributing the success to disciplined fiscal management, controlled inflation, and stronger foreign exchange reforms.
The launch event, themed “60 Years of the Cedi: A Symbol of Sovereignty, Stability, and Economic Resilience,” gathered top government officials, policymakers, and industry leaders to reflect on six decades of the national currency’s role in shaping Ghana’s economic identity.
Introduced on July 19, 1965, the Ghana cedi symbolized the nation’s independence from colonial monetary systems.
Over the years, it has undergone several reforms and redesigns, each reflecting Ghana’s economic evolution and determination to maintain stability.
As part of the year-long Cedi@60 celebration, the Bank of Ghana will embark on a nationwide “Cedi Van” roadshow, launch financial literacy campaigns, and organize creative competitions for young people in art, music, and writing.
A major highlight will be a Currency Conference that will bring together central bank governors, academics, and private sector leaders to discuss Ghana’s monetary evolution and future outlook.
Source: Starr.com.gh
