Governor of the Bank of Ghana (BoG), Dr.
Johnson Asiama, has attributed the recent appreciation of the Ghanaian cedi to strong market fundamentals rather than direct central bank intervention.
Speaking at a press briefing on Friday, May 23, 2025, to conclude the Bank's Monetary Policy Committee (MPC) meeting, Dr.
Asiama stated that the cedi gains are being propelled by solid internal inflows and a strong trade balance. "The appreciation is largely driven by the market.
