
Is the Cedi’s Recent Appreciation Sustainable?
Ghana’s cedi has become a global standout. In April 2025, it was named the best-performing currency in the world, according to Bloomberg, appreciating nearly 16% against the US dollar.
Ghana’s cedi has become a global standout. In April 2025, it was named the best-performing currency in the world, according to Bloomberg, appreciating nearly 16% against the US dollar.
The International Monetary Fund (IMF) and the Ghanaian government have reached a staff-level agreement on the fourth review of Ghana’s $3 billion loan programme. This agreement, pending approval by the IMF’s Executive Board, will release an additional $370 million to the country. Ghana, a major producer of gold, oil, and cocoa, is in recovery from…
Despite a temporary surge in stock markets following President Donald Trump’s announcement to pause planned tariffs on most countries…