The Bank of Ghana published the Governor’s welcome remarks for the national launch of the Cedi@60 anniversary, setting out a 12-month nationwide programme to reconnect the public with the currency’s history and role through education, dialogue and outreach. The Governor framed the initiative as a reflection and engagement programme rather than a policy event. The remarks recapped key milestones in the currency’s evolution, including the introduction of the Cedi in July 1965, a 1967 redenomination and the 2007 introduction of the modern Cedi. They also highlighted recent macro outcomes, including headline inflation at 9.4% as of September 2025, Cedi appreciation of 37.4% year-to-date to 17 October 2025, and gross international reserves of about USD 10.7 billion as of August 2025, attributing the improvement to fiscal consolidation and a tight monetary policy stance. On financial innovation, the Governor pointed to the eCedi central bank digital currency pilot and the Bank’s regulatory sandbox, and indicated that a comprehensive regulatory framework for Virtual Asset Service Providers is expected to roll out imminently. Planned Cedi@60 activities over the next 12 months include currency exhibitions, community forums, public lectures and school tours, diaspora engagements, and special publications and legacy projects.
Bank of Ghana 2025-10-28
Bank of Ghana launches Cedi@60 anniversary programme and flags imminent Virtual Asset Service Provider rules
The Bank of Ghana launched the Cedi@60 anniversary, a 12-month programme to engage the public with the currency's history through education and outreach. The Governor highlighted key milestones in the Cedi's evolution and recent macroeconomic outcomes, including a 37.4% appreciation year-to-date and headline inflation at 9.4% as of September 2025. The Governor also noted the eCedi digital currency pilot and upcoming regulatory framework for Virtual Asset Service Providers.