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Cedi@60: Ghana’s reserves surge to $12bn, investor confidence rebounds — BoG Governor hails

by theoverseeronline.com
October 28, 2025
in Business, Economy, FINANCE, National
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Ghana’s gross international reserves have surged to approximately $12 billion, providing a strong cushion for the economy and bolstering investor confidence.

This was announced by the Governor of the Bank of Ghana, Dr. Johnson Asiama during the launch of the Cedi@60 anniversary celebration in Accra on Tuesday, October 28, 2025.

According to Dr. Asiama, the milestone reflects the country’s renewed economic strength underpinned by sound fiscal and monetary management.

“Our gross international reserves are currently around $12 billion which is providing a robust cushion against external volatility and restoring our investor confidence,” he stated.

He explained that this achievement is a direct outcome of coordinated and disciplined policy actions taken by the government and the central bank in recent years.

“Under the leadership of His Excellency John Dramani Mahama, and Her Excellency the Vice President, and through coordinated, difficult but necessary policy actions, I am happy to say that Ghana has turned a decisive corner and indeed the evidence is compelling,” Dr. Asiama emphasized.

The central bank governor further noted that Ghana’s macroeconomic indicators are showing significant improvement, with headline inflation now at 9.4 percent as of September 2025, and expected to decline even further before the end of the year.

He added that the cedi’s performance has also strengthened remarkably, appreciating by 37 percent as of October 17, a trend the World Bank has recognized by ranking it as the best-performing currency in sub-Saharan Africa for 2025.

The launch, held under the theme “60 Years of the Cedi: A Symbol of Sovereignty, Stability, and Economic Resilience,” brought together key government officials, economists, and industry leaders to celebrate the evolution of the Ghana cedi since its introduction on July 19, 1965.

The Bank of Ghana says the Cedi@60 celebration provides an opportunity to reflect on the currency’s legacy, promote financial literacy, and rekindle public trust in Ghana’s monetary system.

The year-long programme will include a Cedi Van regional roadshow, nationwide public education campaigns, and a currency conference bringing together global experts to discuss Ghana’s financial future.

Tags: BoG GovernorCedi@60Ghana NewsGross International reservesInvestors confidence
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