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GoldBod defends $1.315bn forex generation, says transactions backed by GANRAP

By GhanaSummary Newsroom1 min read

He explained that the policy is aimed at building Ghana’s gold and foreign exchange reserves to support the stability of the cedi and strengthen the economy.

The Ghana Gold Board (GoldBod) has defended its foreign exchange operations after the New Patriotic Party (NPP) questioned the institution’s reported generation of more than $1.«“The goal is straightforward: strategically build up our national gold and foreign exchange reserve to stabilize the cedi and protect our economy.

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