BoG’s $1.15 billion FX sale: A risky cure for a fragile economy
[Joy Online - Ghana] - 10/10/2025
When the Bank of Ghana (BoG) announced plans to sell up to US$1.15 billion in foreign exchange this October, after already injecting over US$4 billion earlier in the year, the move was billed as a stabilizing measure for the cedi. On paper, such interventions are normal for central banks seeking (…)
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