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Tag: StabilizeCedi

Bank of Ghana Boosts Reserves to Stabilize Cedi Ahead of Festive Season

November 1, 2024November 1, 2024

  • by Frank Aboagye Jackson
  • Leave a Comment on Bank of Ghana Boosts Reserves to Stabilize Cedi Ahead of Festive Season

Bank of Ghana Boosts Reserves to Stabilize Cedi Ahead of Festive Season

The Bank of Ghana (BoG) is strengthening its reserves to address the depreciation of the cedi against major foreign currencies, anticipating increased demand for foreign exchange with the festive season approaching. This initiative aims to provide reassurance to businesses and consumers,

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