Claim: The Minister of Finance, Dr , in his 2025 Mid-Year Budget presentation in on Thursday, July 24, 2025, claimed that the country's currency, the Ghana cedi, traded at GH¢17 to a dollar in the recent past.
Dr Ato Forson, while touting the management of the cedi by the John Dramani Mahama administration, asserted that the prudent measures put in place by the government have led to the country's currency appreciating to trade at GH¢10 to a dollar. "Mr Speaker, the cedi's performance in the first half of the year 2025 has been impressive.
The Ghana cedi experienced significant appreciation against all major trading currencies in the first six months of 2025.
I am happy to inform the House that our previous record, where the Ghana cedi used to trade against the US dollar at 17, is as of yesterday trading at 10.4.
