BoG reaffirms commitment to safeguarding cedi’s value

The Governor of the Bank of Ghana, Dr. Johnson Asiama, has reaffirmed the central bank’s commitment to preserving the strength and credibility of the Ghanaian cedi.

Speaking at the internal launch of Cedi@60 at the Bank Square, Dr. Asiama highlighted the role of strategic reforms in maintaining monetary stability.

“The Bank has strengthened our inflation-targeting framework, enhanced regulatory oversight, and embraced digital innovation across payment systems,” he noted.

Dr. Asiama credited past and present staff of the central bank for their professionalism and dedication in driving these achievements.

Looking forward, he emphasized the need to align the cedi’s future with digital finance, climate resilience, and opportunities under the African Continental Free Trade Area (AfCFTA).

“We must ensure future generations inherit not just a stable currency, but a more respected economy,” he stressed.

As part of the Cedi@60 anniversary celebrations, the Governor announced a six-month programme of activities including:

  • A formal launch on August 8 at the Accra International Conference Centre
  • Public lectures and policy dialogues
  • Educational outreach for young people
  • A historical exhibition on the evolution of the cedi
  • A national currency conference to wrap up the celebrations

This year’s theme, “60 Years of the Cedi: A Symbol of Sovereignty, Stability, and Economic Resilience,” reflects the currency’s legacy and its role in Ghana’s economic journey.

Dr. Asiama called on BoG staff to view the cedi’s legacy as a shared responsibility and to recommit to building a stronger, more inclusive economy.

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