Tag: gold reserves
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BoG Defends 22-Tonne Gold Divestment as Strategic Rebalancing, Not Asset Loss
The Bank of Ghana (BoG) has clarified that the sharp decline in the country's gold reserves from a peak of 38 tonnes in October...
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...
Selling Gold Reserves at High Prices Is Sound Economics, Says Dr Manteaw
Natural resource governance expert Dr Steve Manteaw has defended the Bank of Ghana's (BoG) decision to reduce gold holdings by approximately 51 percent, describing...
Bank of Ghana Clarifies Gold Reserve Liquidation Strategy Amid Public Debate
The Bank of Ghana (BoG) has addressed public concerns surrounding its decision to liquidate approximately 50% of the country's gold reserves, explaining the move...
Economist Defends Bank Of Ghana Gold Reserve Liquidation
Economist Dr. Theo Acheampong has defended the Bank of Ghana's decision to convert nearly half its gold reserves into foreign exchange, describing the move...
