The Governor of the Bank of Ghana, Dr Johnson Asiama, has announced that Ghana’s Gross International Reserves currently stand at US$12 billion, reflecting a much stronger economy in 2025.
Speaking at the launch of the Cedi@60 on October 28, 2025, Dr Asiama stated that headline inflation had eased to 9.4 percent as of September 2025.
According to him, inflation has long been a concern for Ghana’s economy, hampering investor confidence and Foreign Direct Investment (FDI) inflows.
“Headline inflation is now at 9.4% as of September 2025, and we expect it to end the year even lower. The cedi has appreciated by 37% as of October 17, and according to the World Bank, it is the best-performing currency in sub-Saharan Africa for the first eight months of 2025.
“Our gross international reserves are currently around $12 billion, providing a robust cushion against external volatility and restoring investor confidence,” he said.
LIVESTREAMING: BoG launches Cedi@60
In its recent report, the World Bank named the cedi as the best-performing currency in sub-Saharan Africa during the first eight months of 2025.
Dr Asiama attributed this achievement to the government’s coordinated efforts in turning the fortunes of the economy around.
SP/AE
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