The Ghana National Chamber of Commerce and Industry (GNCCI) has urged the government to intensify its efforts to stabilize the exchange rate in order to improve the standard of living and support economic growth.
The Chamber asserts that a balanced strategy is essential to create a mutually beneficial scenario for importers, exporters, and government revenue.
During his address at the Czech–Ghana Business Cooperation Seminar held in Accra on September 2, 2025, Michael Kabutey Caesar, the National Treasurer of GNCCI, emphasized the importance of exchange rate stability for business growth and investor trust.
“The President previously indicated that the goal was to maintain the exchange rate between GHC10 and GHC12 to the dollar. I would be worried if it rises above that threshold. I trust that the government is keeping a close watch on the situation and will take action to avert a return to the high levels we faced in the past.
“It is essential to achieve a win-win scenario for importers, exporters, and government taxation. Currently, the government is not collecting significant tax revenue from the ports, but it is crucial to find a balance—and I am optimistic that measures are being implemented in that direction,” he stated.
