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Ghana’s cedi rose in value for the first time in 30 years, aided by higher gold prices and a planned $1 billion forex injection.
Ghana's cedi gained its first annual rise in 30 years, fueled by higher gold prices boosting foreign exchange reserves, while the Bank of Ghana plans a $1 billion forex injection to stabilize the currency.
In related news, the UK launched new '26' vehicle number plates, delaying a digital registration system due to unpassed regulations.
A fire at Accra’s Kwame Nkrumah Interchange was contained, and a crash after a church event killed two and injured 21.
Ghana declared January 9 a public holiday for Constitution Day, and security forces took control of the Ho Central Mosque.
Meanwhile, BYD surpassed Tesla as the world’s top electric vehicle seller, and a U.S.-Ghana deportation agreement raised concerns about brain drain and economic impacts.
El cedi de Ghana subió de valor por primera vez en 30 años, ayudado por el aumento de los precios del oro y una inyección de divisas planeada de $ 1 mil millones.