Ghana Introduces Gold Coin to Boost Local Currency Savings

The central bank of Ghana has introduced a gold coin aimed at enhancing domestic savings and regulating liquidity. Set to be available in October, the coins will be priced according to the auction prices determined by the London Bullion Market Association. In spite of attempts to stabilize the cedi, Ghana’s currency continues to lose value against the U.S. dollar. Gold Coins Priced in Local Currency Ghana has rolled out […]