Ghana Cedi Declared Africa's Best-Performing Currency for 2025 by IMF

The Ghana cedi has been recognized as Africa's best-performing currency for 2025, appreciating over 40% against the US dollar, according to a recent analysis by the International Monetary Fund (IMF). This marks a significant improvement from earlier assessments that had ranked the cedi fourth among African currencies. The cedi's remarkable performance is attributed to effective policy measures implemented by the Bank of Ghana and reforms supported by an IMF program, which have bolstered the country's international reserves to nearly US$14 billion by the end of 2025. Looking ahead, additional measures may be introduced in 2026 to further stabilize the cedi's performance in the global market.