BoG Moves to Calm Forex Storm as Cedi Weakens
The Bank of Ghana has moved swiftly to reassure businesses, investors, and financial institutions that Ghana’s foreign exchange market remains stable despite renewed pressure on the cedi. In a strong ...
Tag: foreign exchange reserves
DGPP Records ₵5.66 bn Losses as of Dec. 2024 – BoG Says 2025 Losses Await Audit Confirmation
The Bank of Ghana has disclosed that losses incurred under its Domestic Gold Purchase Programme (DGPP) amounted to approximately GHS 5.66 billion as of December 2024, directly contradicting claims by ...
Finance Minister Touts Fiscal Discipline, Goldbod’s Role in Driving Economic Stability
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has lauded the exceptional performance of the Ghanaian cedi, attributing its emergence as the world’s best-performing currency in 2025 to fiscal discipline and ...
Ghana’s Gold Exports Hit $2.72 billion in Q1 of 2025
Correspondingly, export earnings jumped from $2.19 billion in 2023 to $4.61 billion in 2024, and $2.72 billion in early 2025 alone surpassing all previous records.
Dr. Addison Highlights Challenges in Managing Sentiment-Driven Cedi Depreciation
The Governor of the Bank of Ghana, Dr. Ernest Addison, has acknowledged the complex nature of managing the depreciation of the Ghanaian cedi, attributing much of the current volatility to ...
Bawumia Touts Cedi’s Stability Under NPP Administration
Vice President and Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has highlighted that the current strength of the Ghanaian Cedi against the US Dollar represents an improvement ...
Copyright © 2025 The Vaultz News. All rights reserved.