Vice President Dr Mahamudu Bawumia has said the Cedi can be best supported with gold. To that end, he has proposed a framework that will ensure that all significant demands for gold are channeled through the Bank of Ghana's gold purchase programme. Speaking at the inauguration of the Royal Ghana Gold Refinery in Accra on Thursday, August 8, Dr Bawumia "I would like to propose a new foreign exchange regime management architecture for Ghana next year in which the value of the cedi with everything we have put in will be anchored to gold. I want us to move our foreign exchange management because we need an anchor and I believe that the best anchor for the Cedi is gold. I want us to anchor the Cedi to gold. "I am proposing a framework which we will discuss with the central bank, of course, and we will see where.