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Middle East tensions put Ghana’s reserves under pressure – BoG Governor

By GhanaSummary Newsroom1 min read
Middle East tensions put Ghana’s reserves under pressure – BoG Governor

” According to the July Economic and Financial Data released by the Bank of Ghana, Ghana’s international reserves fell from US$14.

Bank of Ghana (BoG) Governor Dr Johnson Asiama has revealed that tensions in the Middle East have put significant pressure on Ghana’s international reserves in recent months.

Building up reserves Dr Asiama used the engagement to stress the importance of maintaining strong reserves to cushion Ghana against global economic shocks.

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