Ghana must protect the value, integrity, and future of the Cedi as it navigates a rapidly changing global financial landscape, the Bank of Ghana Governor, Dr. Johnson Asiama, has emphasized.
Delivering opening remarks at the Cedi@60 International Currency Conference on Tuesday, November 18, 2025, at the Accra International Conference Centre, Dr. Asiama highlighted the Cedi’s journey over six decades.
He noted that it has mirrored Ghana’s economic triumphs and challenges.
“From its earliest days, the Cedi carried the confidence of a young republic charting its own economic destiny,” he said, reflecting on its central role in daily life, policymaking, and market stability.
He underscored that as the country embraces digital payments and innovative financial technologies, the Cedi must continue to inspire trust among Ghanaians, particularly the younger generation who engage with money in increasingly digital ways.
The Governor also pointed to the broader global shifts affecting currency, including advances in artificial intelligence, digital payment systems, and central bank digital currencies (CBDCs), while emphasizing the ongoing risk of dollarization and currency substitution.
“Cash continues to play an essential role in inclusion and resilience, while digital channels are expanding convenience and reach,” he said.
Dr. Asiama reaffirmed the Bank of Ghana’s commitment to a modernized, interoperable payments ecosystem through the eCedi, while calling for collaboration with domestic and international partners to ensure the Cedi remains a stable and trusted medium of exchange.
As part of the year-long Cedi@60 celebrations, the conference seeks to reflect on the Cedi’s historical significance and chart a forward-looking strategy.
Dr. Asiama urged participants, ranging from central bankers, policymakers, academics, and industry leadersto engage fully and contribute to shaping the currency’s future.
“Protecting the Cedi is not the task of any one institution; it is a shared endeavour rooted in our belief in Ghana’s future,” he said, encouraging a collective commitment to safeguarding the national currency for generations to come.
