GoldBod’s $1.87bn boost strengthens Ghana’s path beyond IMF support – Institute of Fiscal Policy Research

The Institute of Fiscal Policy Research (IFPR) says Ghana’s latest foreign exchange gains from gold trading could help strengthen the country’s economic resilience and reduce its dependence on emergency external financing.5 billion foreign exchange target for October, with US$1 billion earmarked for commercial banks and up to US$500 million for the Bank of Ghana’s reserves.“For an economy repeatedly exposed to dollar shortages, exchange rate pressures and difficult external financing conditions, these inflows represent more than a successful month of gold trading.