Vice President Professor Jane Naana Opoku-Agyemang has emphasized the critical role of the Bank of Ghana in maintaining monetary stability, urging the central bank to continue safeguarding the country’s financial system amid evolving economic challenges.
Speaking at the official launch of the Cedi@60 celebration in Accra, the Vice President praised the central bank’s efforts in restoring confidence in the Ghanaian currency, particularly after years of volatility and global financial shocks.
“The Bank of Ghana must remain a steward of stability,” she said, highlighting the institution’s role in protecting the integrity of the national currency.
Professor Opoku-Agyemang recalled that in 2022, the Ghana cedi was ranked the worst-performing currency in the world, but through disciplined monetary policies and reforms, it became the best-performing currency globally in 2025.
She attributed the turnaround to the central bank’s tight monetary policy, active public engagement, and collaboration with the Ministry of Finance under Dr. Katya Atufosun.
“Through prudent regulation and innovation, the Bank of Ghana has anchored expectations and restored credibility to our markets,” she noted.
The Vice President also stressed the importance of protecting the legal tender status of the cedi, cautioning against overreliance on foreign currencies for pricing goods and services. She encouraged stronger cooperation between banks, businesses, and innovators to enhance ease of transacting in the cedi both locally and internationally.
“If you earn in cedis, you must be able to transact in cedis. Confidence in the currency is a national responsibility,” she said.
Marking 60 years since the introduction of the cedi, the Vice President reminded Ghanaians that maintaining the strength of the currency requires commitment from both institutions and citizens.
“The cedi’s strength reflects the institutions and people who protect it. Let us continue to uphold its stability for generations to come,” she concluded.
Source: Starrfm.com.gh
