Falling reserves force changes to Ghana’s gold and forex arrangements – IMF
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The IMF reports that falling foreign exchange reserves have forced Ghana to change its financial arrangements. Forex intermediation has shifted from the Bank of Ghana to GoldBod. Additionally, large-scale miners are now required to sell more gold.
Falling foreign exchange reserves have prompted Ghana to shift forex intermediation from the Bank of Ghana to GoldBod and require large-scale miners to sell more gold.