Ghana Cedi Soars: World's Strongest Currency in 2025
[NigerianEye - Nigeria] - 10/06/2025
The Ghanaian cedi has indeed become the world's strongest-performing currency in 2025, with a remarkable gain of nearly 50% against the US dollar. This impressive surge is attributed to several factors, including:Improved Investor Sentiment: The cedi's recovery reflects deeper structural changes, such as fiscal tightening, debt management, and a stronger focus on export-led growth under President Mahama's administration.Record Gold Export Earnings: Ghana's gold exports rose from $7.6 billion in 2023 to $11.6 billion in 2024, driven by global price gains and domestic policies requiring (…)
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