Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
    Login
    Create account
    aristotlektv1
    ari…
    4
    168
    12
    2k
    16

    Ghana's Cedi: The World's Top-Performing Currency in 2025

    Ghanaian Cedi's Remarkable Rise: Gold Board's Role in Currency Stability In a surprising turn of events, the Ghanaian cedi (GHS) has emerged as the world's top-performing currency in 2025. This unexpected surge has captured global attention, prompting analysts to examine the factors behind this remarkable achievement. The Ghanaian government's strategic intervention, through the newly established Ghana Gold Board (Goldbod), has played a crucial role. Goldbod, established to regulate the gold trade and combat illegal mining, has significantly impacted the cedi's stability. By controlling the flow of gold, a major export for Ghana, Goldbod has helped reduce the country's reliance on foreign currency, strengthening the cedi. "The Goldbod initiative has been instrumental in stabilizing the cedi," says an economist interviewed in the video. The video shows graphs and charts illustrating the cedi's appreciation against the US dollar. The video also highlights the impact of Goldbod's efforts to combat illegal gold mining, a practice that had previously drained the country's resources and weakened its currency. The crackdown on illegal mining has increased revenue for the government, further bolstering the cedi. The video shows images of large-scale gold mining operations and the impact of Goldbod's intervention. The cedi's appreciation has not only stabilized Ghana's economy but also restored confidence in the country's financial system. This success story serves as an example for other nations grappling with currency instability, demonstrating the potential of strategic interventions and responsible resource management.

    2 months ago
    GB
    Ghana
    news summary
    cedi
    Ghanaian Cedi Soars: Gold Exports Fuel Currency's Rise
    Ghanaian Cedi Soars: Gold Exports Fuel Currency's Rise
    joynewsontv
    2mo ago
    GH
    1k
    Ghanaian Cedi Gains Strength, But Experts Warn Against Premature Celebrations
    Ghanaian Cedi Gains Strength, But Experts Warn Against Prematur…
    joynewsontv
    2mo ago
    GH
    955
    Ghanaian Cedi Soars: Gold for Oil Policy Fuels Economic Optimism
    Ghanaian Cedi Soars: Gold for Oil Policy Fuels Economic Optimism
    joynewsontv
    2mo ago
    GH
    1k
    Ghanaian Cedi's Free Fall: Businesses Struggle Amidst Dollar's Rise
    Ghanaian Cedi's Free Fall: Businesses Struggle Amidst Dollar's Ri…
    ghtrendofficial
    2mo ago
    GH
    19k
    newstik.info@gmail.com