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BoG signals no FX intermediation for October as GoldBod plans $1bn support for banks

By GhanaSummary Newsroom1 min read
BoG signals no FX intermediation for October as GoldBod plans $1bn support for banks

The Bank of Ghana (BoG) has signalled that it does not anticipate undertaking a foreign exchange (FX) intermediation programme in the market in October 2026.

September FX market In September, the Bank of Ghana announced a target of US$500 million under its FX intermediation programme.” Although the BoG has not provided an official reason for the absence of an October FX intervention programme, some market players are linking the development to plans by the Ghana Gold Board (GoldBod) to support the FX market with proceeds from gold exports.

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