GoldBod generates US$1.87bn in September FX operations, exceeding monthly target

Under the October plan, US$1 billion of the expected proceeds will be made available to authorised commercial banks to support foreign exchange market stability.170 billion was provided to the Bank of Ghana (BoG), significantly exceeding the central bank's US$700 million target, to support the accumulation of the country's foreign exchange reserves.3 million was sold to authorised commercial banks, marginally surpassing the monthly target of US$700 million, to support stability in the foreign exchange market.