President John Dramani Mahama has lauded the current management of Ghana’s currency, the Ghana Cedi, describing it as a symbol of renewed economic confidence both locally and internationally. He made the remarks at the Cedi@60 commemoration held by the Bank of Ghana (BoG) in Accra under the theme “Sovereignty, Stability, and Economic Resilience.”

Addressing key stakeholders including the Ministry of Finance and officials of the central bank, President Mahama praised their consistent effort in stabilising the cedi, one of the country’s most sensitive economic indicators.

“The governor and all your team at the BoG, the Ministry of Finance, Ghanaians are grateful to you for the management of our currency,” President Mahama said.

He noted that the cedi, which has faced periods of volatility over the years, has now regained significant respect and trust.

“A lot of respect has returned to our currency,” he emphasised. “It’s my hope that you will keep whatever you are doing to make sure that we don’t have excess liquidity… open market operations and all those technical jargons you people have.”

Mahama encouraged the central bank to sustain the progress made, urging them to continue applying the right monetary tools to maintain the currency’s stability.

“Whatever you are doing, continue doing so, so that the cedi is respected,” he added.

The Cedi@60 celebration marks 60 years since Ghana replaced the Ghanaian Pound with the cedi in 1965, an important milestone symbolising the country’s continuous journey toward economic sovereignty, financial stability, and resilient macroeconomic management.

The event brought together policymakers, economists, stakeholders, and development partners to reflect on the cedi’s history, challenges, and the future of Ghana’s monetary policy.