We will have a good Christmas – Dr Asiama assures Ghanaians on cedi stability

The Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has assured Ghanaians of relative stability in the exchange rate during the Christmas period.He expressed confidence in the performance of the Cedi, saying the country could expect a good Christmas in terms of exchange rate movements.Speaking at the African Virtual Assets Summit (AVAS) 2026 on Monday, November 2, Dr Asiama said the central bank was confident about the Cedi’s performance despite concerns over exchange rate movements.“What I can promise is a good Christmas as far as the exchange rate is concerned. We will have a good Christmas,” he said.His comments come at a time when businesses, importers and consumers are concerned about the effect of exchange rate changes on the cost of goods and services.The latest interbank exchange rates published by the Bank of Ghana show the Cedi trading at GH¢11.6142 to the US dollar for buying and GH¢11.6258 for selling.The pound sterling was trading at GH¢15.5549 for buying and GH¢15.5704 for selling, while the euro was quoted at GH¢12.9559 for buying and GH¢12.9678 for selling.The Governor’s assurance is expected to offer some confidence to businesses and consumers as the country approaches the festive season, when demand for foreign currencies often increases.

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