Ghana
CEDI GAINS AS GOLDBOD INJECTS US$282 MILLION INTO COMMERCIAL BANKS
The Ghana Gold Board has sold US$282 million to commercial banks through its GoFX platform, including US$197 million on October 13 and US$85 million on October 15. The additional dollar supply has improved foreign exchange liquidity and helped the cedi stabilize at about GH¢11.68 per dollar on the interbank market. GoldBod says the transactions are spot FX sales backed by foreign exchange earned from gold exports and monitored by the Bank of Ghana.
BigV•1h ago•1 min read