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Ghana Triples Gold Reserves in Under Two Years to Bolster FX Stability

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© Allen Dreyfus
  • Bank of Ghana’s holdings surge 257% in under two years
  • IMF target met early as foreign reserves hit $9.3bn

Accra, Ghana – Ghana’s central bank has significantly ramped up its gold holdings, more than tripling its reserves in under two years as part of a broader push to shore up foreign exchange buffers and stabilise the local currency.

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