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GoldBod’s intervention in forex market gives cedi modest reprieve; one dollar going for GH¢12.15 at forex bureaus

The intervention by GoldBod in the foreign exchange market in the last three weeks has given the cedi a modest reprieve. The Board injected a US$130 million spot foreign exchange sale at GH¢11.60 per dollar to shore up the value of the local currency By the close of the fortnight, the local currency modestly clawed…

Joy BusinessBy Charles Nixon
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GoldBod’s intervention in forex market gives cedi modest reprieve; one dollar going for GH¢12.15 at forex bureaus
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Original headline: “GoldBod’s intervention in forex market gives cedi modest reprieve; one dollar going for GH¢12.15 at forex bureaus”

  • Business
  • Economy
  • BoG
  • Cedi
  • Euro
  • Goldbod