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Ghana maintains strong foreign exchange reserves of $12.9b – BoG 

By GhanaSummary Newsroom1 min read
Ghana maintains strong foreign exchange reserves of $12.9b – BoG 

” Dr Asiama said the global economy remained uncertain, and events beyond “our borders can still affect us and that is why the BoG will continue to take decisions that protect the value of the cedi, keep inflation low, preserve financial stability and support sustainable economic growth.

Dr Asiama indicated that the cedi experienced some pressure earlier this year because of global developments, particularly the conflict in the Middle East, stressing the BoG commitment to maintaining an orderly and well-functioning foreign exchange market.

On inflation, the BoG Governor said: “The issue that concerns every Ghanaian is the cost of living and the good news is that inflation remains low”.

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