The World Bank recommended the BoG refrain from making excessive foreign exchange (FX) interventions.

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

The World Bank has urged the Bank of Ghana (BoG) to avoid excessive foreign exchange (FX) interventions, warning that such actions could disrupt market balance and weaken economic resilience.

This was contained in the latest Ghana Economic Update report, launched in Accra today, August 14, 2025 which emphasised the need for the central bank to allow market forces to have greater influence over exchange rate movements.

The report also called for the swift completion of the recapitalisation of all financial institutions in line with the Financial Sector Strengthening Strategy. 

Source: newsthemegh.com

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