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Ghana's currency, the cedi, sees historic recovery, up 46% against the US dollar this year.
Ghana's Finance Minister, Dr Cassiel Ato Forson, announced that the Ghana cedi has had one of the most significant recoveries in the country's history, appreciating 46% against the US dollar and 30.3% against the British pound as of June 2025.
The gains are attributed to strong fiscal policies, investor confidence, and support from the International Monetary Fund.
President John Dramani Mahama directed that government contracts should not be denominated in foreign currencies to bolster the cedi.
The Trade Minister urged the new Ghana Export Promotion Authority board to boost exports to further stabilize the currency.
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La moneda de Ghana, el cedi, ha experimentado una recuperación histórica, con un aumento del 46% frente al dólar estadounidense este año.