Home   >   Politics   >   Politics   >   201209
Ghana’s Foreign Reserve Fall...   
  << Prev  |  Next >>
Comments ( 0 )     Email    Print
Related Stories
Ghana’s international reserves in gross terms now stands at $4.2 billion as at the end of August 2012, the Bank of Ghana has said.

The reserves fell from $4.3 billion as at June 8, 2012 and from $5.4 billion in December 2011.

The reserves were $4.5 billion in August 2011. “Gross International Reserves was $4.2 billion at the end of August 2012, compared to $4.5 billion in August 2011,” acting Central Bank Governor Dr Kofi Wampah told a press conference in Accra.

Dr Wampah adds “This was equivalent to 2.4 months of import cover.”

Source: ghanabusinessnews.com

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video