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The external sector outlook remains favourable, largely anchored on expectations of increased gold and cocoa export receipts, as well as inflows from remittances, the Bank of Ghana has revealed in its Monetary Policy Report. According to the Central Bank, the external sector has continued to improve, with a record provisionalContinue Reading

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Ghana’s gross international reserves increased by $US1.101 billion in December 2024 to hit US$8.982 billion. This is equivalent to 4.0 months of import cover. According to data from the Bank of Ghana, the country’s reserves stood at $6.31 billion in January 2024 but dropped to $5.99 billion in March 2024.Continue Reading

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