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The Ghanaian cedi has been declared the best-performing currency in the world for April 2025, according to Bloomberg. The cedi appreciated by nearly 16% against the US dollar during the month, outpacing all other global currencies in terms of gains.
This remarkable performance has attracted widespread international attention, with analysts noting the currency’s impressive turnaround despite earlier economic challenges.
Experts attribute the cedi’s rise to strong fiscal measures by the government, improved investor confidence, and a surge in foreign direct investment.
The Bank of Ghana’s tight monetary policies have also played a key role in stabilizing the economy and strengthening the local currency. This development is being hailed as a significant boost for Ghana’s economy, with hopes that it will sustain momentum in the coming months.
