BoG didn’t intervene directly in FX market from August 2024 to December 2025 – Governor
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has revealed that the central bank did not undertake any direct foreign exchange (FX) market interventions between August 2024 and December 2025, insisting that its current foreign exchange operations are not financed from the country's reserves.
According to him, the arrangement has enabled the central bank to channel foreign exchange previously supplied by independent gold exporters back into the market through GoldBod operations.
Instead, the Governor said the Bank has relied on the Domestic Gold Purchase Programme to facilitate foreign exchange intermediation, converting cedi proceeds from FX forward auctions into foreign currency through gold purchases.
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