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April 9, 2024
The country and five other countries including Burkina Faso recorded very low secondary reserves.
March 24, 2024
In December 2023, the Gross International Reserves stood at $3.66 billion, about 1.7% of import cover. It inched up to $4.17 billion in January 2024, but declined slightly to $4.02 billion in February 2024.
January 27, 2024
According to the Bank of Ghana’s January 2024 Summary of Economic and Financial Data, the country’s reserves have been growing consistently albeit slightly since August 2023.
November 26, 2023
According to the Bank of Ghana’s September 2023 Summary of Economic and Financial Data, the reserves grew from $1.406 billion (0.7 months of import cover) in April 2023 to $2.162 billion (1.0 month of import cover) in May 2023 and $2.235 billion in June 2023 (1.0 month of import cover) respectively.
October 16, 2023
The Fund also revised the country’s net reserves for 2022 to 1.2 months of import cover, from the earlier 0.6 months.
September 24, 2023
According to the Bank of Ghana’s September 2023 Summary of Economic and Financial Data, the reserves grew from $1.406 billion (0.7 months of import cover) in April 2023 to $2.162 billion (1.0 month of import cover) in May 2023 and $2.235 billion in June 2023 (1.0 month of import cover) respectively