The Governor of the Bank of Ghana, Dr. Johnson Asiama, has reiterated the central bank’s commitment to implementing prudent monetary policies aimed at maintaining exchange rate stability and consolidating the recent gains of the Ghanaian economy.
His assurance follows the continued appreciation of the Ghana cedi, which has strengthened by 37 percent against the US dollar as of October 17, 2025, driven by improved market confidence and tighter monetary management.
Speaking at the launch of the Cedi@60 celebrations in Accra on Tuesday, October 28, Dr. Asiama noted that the Bank of Ghana remains focused on sustaining public confidence in the local currency while laying a stronger foundation for long-term economic stability.
He explained that the cedi’s remarkable appreciation was not a coincidence but the result of deliberate policy measures, including fiscal consolidation by the government, a tight monetary policy stance by the central bank, and renewed investor and public confidence.
Dr. Asiama added that, according to the World Bank, the cedi had been recognized as the best-performing currency in Sub-Saharan Africa, an achievement that reflected the success of the country’s economic management.
He emphasized that as the nation celebrates 60 years of its currency, the Bank of Ghana remains steadfast in its mandate to ensure monetary and financial stability.
