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flag Ghana's central bank sold some gold to boost foreign reserves, stabilizing its economy and cutting inflation from 23.8% to 3.3%.

flag The Bank of Ghana, led by Governor Johnson Pandit Asiama, explained that converting part of its gold reserves to foreign exchange was a strategic move to diversify reserves, not a loss of assets. flag Gold holdings rose to over 40 tonnes by October 2025, making up 42% of reserves due to soaring global prices, creating concentration risk. flag To restore balance and improve liquidity and stability, the central bank made a measured rebalancing, keeping proceeds within total reserves, which reached $13.8 billion by end-2025—enough for 5.7 months of import cover. flag Inflation fell from 23.8% in late 2024 to 3.3% by February 2026, reflecting progress from monetary tightening and broader reforms aimed at strengthening financial stability.

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