Bank of Ghana launches Gold Coin initiative to boost cedi

The Bank of Ghana (BoG) has launched the Ghana Gold Coin, a new investment tool designed to discourage dollar hoarding. As part of the domestic gold programme, the initiative aims to absorb excess liquidity in the market and strengthen the local currency against major trading currencies. The coin will be available in three denominations: one-ounce, … Continue reading Bank of Ghana launches Gold Coin initiative to boost cedi