Latest News

Ghana loses $200m on foreign reserves

dollarsGhana’s foreign reserves fell short of $200 million by the end of April 2013, according to the central bank.

The counrty’s gross international reserves reduced to $5.2 billion at the end of April 2013 from $5.4 billion as at the end of December 2012, the Bank of Ghana Monetary Policy Committee (MPC) reported late May 2013.

The BoG indicated the current reserves is equivalent to 2.9 months of import cover.

 

ghanabusinessnews.com

Related Posts

UK Summons French Ambassador Amid Post-Brexit Fishing...
The UK has condemned "unjustified" threats from France and summoned...
Read more
Botswana’s Diamond Industry Gets Boost Amid Global...
Botswana’s diamond trade is on the rise despite industry uncertainty...
Read more
US Engages West African Countries On Security
General Michael Langley
See also  Canadian government provides $15m to fight anaemia and stunting in Ghana
The United States of America (USA) is in...
Read more

Leave a comment

Your email address will not be published. Required fields are marked *