Ghana news briefing
Cedi edges higher as GoldBod boosts dollar supply to banks
Market players have attributed the recovery to increased foreign exchange support, particularly dollar sales by the Ghana Gold Board (GoldBod).
The sales, conducted through GoldBod’s GoFX platform, complement other measures by the Bank of Ghana to support liquidity in the foreign exchange market.
The Ghana cedi has recorded marginal gains against the US dollar on the interbank market for the second consecutive week, supported by improved foreign exchange liquidity.
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