The Minister of Finance, Dr , has lauded the recent performance of the Ghana cedi, describing it as one of the most significant currency recoveries in the country's history.
Delivering the 2025 Mid-Year Budget Review in Parliament on Thursday, July 24, 2025, the minister announced that the cedi had recorded major gains against the US dollar, the British pound, and the euro within the first six months of the year. "Mr speaker the Ghana cedi used to trade against the US dollar at 17, as at yesterday trading at 10.4.
Mr Speaker, similarly the Ghana cedi which was once trading at 21 cedis to the British pound was trading at 14.1 as at yesterday 23rd July 2025," he said.
According to the minister, the cedi appreciated by 46% against the US dollar, 30.3% against the British pound, and 25.6% against the euro as at the end of June 2025.
