The Governor of the Bank of Ghana, Dr. Johnson Asiama, has announced that the Ghanaian Cedi is now the best-performing currency in Sub-Saharan Africa, attributing the achievement to the prudent and disciplined monetary policies implemented by the central bank.

Dr. Asiama made this disclosure during the launch of the Cedi@60 celebrations held in Accra on Tuesday under the theme, “Cedi@60: A Symbol of Sovereignty, Stability, and Economic Resilience.”

“According to the World Bank, the Cedi is the best-performing currency in Sub-Saharan Africa,” Dr. Asiama stated, adding that the Bank’s focus on strong fiscal discipline, improved reserves management, and effective policy coordination had strengthened the currency’s stability.

The Governor commended the resilience of Ghana’s financial system, noting that the Cedi’s appreciation of 37% as of October had contributed to bringing inflation down to 9.4% in September — a performance he described as “unprecedented in recent history.”

Reflecting on the currency’s evolution over the past six decades, Dr. Asiama said the Cedi has become a symbol of Ghana’s economic sovereignty and a trusted store of value.

“The Cedi is far more than just a currency; it represents the strength, trust, and stability of our nation,” he emphasised.

He also revealed that the Bank of Ghana has introduced enhanced security features on the currency to combat counterfeiting and safeguard public confidence in the national medium of exchange.

As part of the year-long Cedi@60 celebrations, Dr. Asiama announced that the Bank will organise currency exhibitions, public forums, and stakeholder engagements to highlight the historical journey of the Cedi and its critical role in Ghana’s economic development.

The event was attended by government officials, financial sector leaders, economists, and representatives from the private sector, who lauded the Bank of Ghana’s efforts in maintaining macroeconomic stability and promoting the use of the Cedi as a strong and reliable national symbol.