Tag: foreign exchange
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Ghana’s Reserves Surge to US$13.8bn as Gold Formalisation Doubles Exports
Ghana's international reserves have climbed to $13.8 billion, providing 5.7 months of import cover and positioning the country to withstand external shocks more comfortably...
Ghana’s Reserve Ambition Has a Price Tag, Finance Expert Warns
Ghana's drive to build one of Africa's largest foreign exchange buffers carries measurable economic costs that policymakers must weigh carefully, a US-based finance professor...
Gold Reserve Decline Has Not Weakened Cedi, Says Jackson
Financial analyst Joe Jackson has argued that recent declines in Ghana's gold reserves have not resulted in corresponding depreciation of the local currency, contrary...
Tema Oil Refinery Restart Offers Hope for Stable Fuel Prices, Says GAB
Ghana's Tema Oil Refinery (TOR) is back in operation, offering hope for more stable domestic fuel prices and economic resilience, the Ghana Association of...
Ghana Association of Banks Calls for Strategic Hedging Against Energy Price Shocks
The Ghana Association of Banks (GAB) has called on policymakers, banks, and corporates to adopt targeted measures, including strategic hedging, to shield the economy...
