Tag: import cover
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Ghana Foreign Reserves Set to Reach Five Months Coverage
Ghana's foreign exchange reserves are projected to reach five months of import cover by the end of 2025, Bank of Ghana (BoG) Governor Dr....
Ghana’s Gold Reserves Hit Historic High Despite Import Cover Decline
Ghana's international reserves have reached a historic milestone with gold holdings climbing to 36 tonnes, providing critical foreign exchange stability cushions despite a marginal...
Ghana’s Import Cover Strengthens to 4.8 Months Amid Reserves Rebound
Ghana’s import cover has risen to 4.8 months by June 2025, marking its strongest position in years according to Bank of Ghana data.
This metric...
Ghana Boosts Import Cover to Six Months Amid Gold Export Reforms
President John Mahama announced on July 7, 2025, that Ghana’s foreign reserves now cover six months of imports—a sharp rise from 4.7 months in...
Economist Urges 200-Point Rate Cut, Calls Central Bank Overly Cautious
Economist Dr. Raziel Obeng-Okoh contends the Bank of Ghana’s decision to maintain the Monetary Policy Rate at 28% is excessively cautious and misaligned with...
