In 2025, the BoG sold $1.4 billion worth of foreign exchange in the first quarter – IMF

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Bank of Ghana sold $1.4 billion in foreign exchange during the first quarter of 2025, according to the latest International Monetary Fund (IMF) review of Ghana’s programme.

“The Bank of Ghana’s footprint in the FX market continued to increase.

Large-scale FX intervention continued in 2025, reaching $1.4 billion in the first quarter,” the Fund noted.

This marks a sharp acceleration in market activity, surpassing the total $1 billion the Bank injected across all of 2023.

In 2024, interventions rose further to $3 billion, with $2 billion sold in the fourth quarter alone, ahead of the general election.

Source: newsthemegh.com