Tag: gold reserves
Browse our exclusive articles!
Absa Cautions Over Aggressive Cedi Rally Amid Gold-Fueled Reserves
Ghana’s cedi has surged 19% against the US dollar over the past month, climbing from GH₵15.50 to GH₵13.05, driven by strong foreign exchange inflows...
Economist: Cedi’s Recovery Built on Sustainable Reforms
Ghana's cedi currency has strengthened due to fundamental policy reforms rather than temporary factors, according to Dr. John Kwakye of the Institute of Economic...
France Leads Global Shift Away from Dollar Dependence, Study Shows
France is spearheading efforts to reduce reliance on the U.S. dollar, according to a new study by The Forex Company, which ranks countries based...
Cedi Strengthens to GH₵13.50 as Dollar Demand Plummets
The Ghanaian cedi surged against the US dollar on Tuesday, May 6, 2025, reaching GH₵13.50 on the interbank market by midmorning, a notable gain...
Ghana’s Gold Reserves Triple in Strategic Economic Buffer Move
Ghana has more than tripled its gold reserves over a 22-month period, with holdings surging from 8.78 tonnes in May 2023 to 31.01 tonnes...
