30% reduction in inflation results in a cost of GH¢8.3bn on BoG's open market operations

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• Kb 1 year ago

  You print money to flood the system, cause inflation then spend money to mop it from the system and want to be praised for reducing the inflation that you caused yourself through your reckless action..smh

  You print money to flood the system, cause inflation then spend money to mop it from the system and want to be praised for reducing the inflation that you caused yourself through your reckless action..smh

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• Osei-Bonsu 1 year ago

  KB, that was exactly my thinking when I read the article. In 2022, you overprinted paper into the economy resulting in inflation hitting almost 60%. This resulted in massive depreciation of the cedi. Then turn around to buy d ...
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  KB, that was exactly my thinking when I read the article. In 2022, you overprinted paper into the economy resulting in inflation hitting almost 60%. This resulted in massive depreciation of the cedi. Then turn around to buy dollars to sour up your foreign balance of payment at a loss of almost 1 billion dollars and come on TV to speak big English to confuse the unlearned. FOCK OFF.

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• ObuasiMan 1 year ago

  Inflation at 24-25% is twice as high as the BoG’s mandate. With all this costly open market activities, the BoG’s balance sheet is weak and the FX rate is indicating lack of confidence in the BoG.

  Inflation at 24-25% is twice as high as the BoG’s mandate. With all this costly open market activities, the BoG’s balance sheet is weak and the FX rate is indicating lack of confidence in the BoG.

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• Bj 1 year ago

  Instead being apologetic and remouseful, they have the guys to use big English to gaslight us like they superior human beings, but not to worry, the time reckoning is at the corner

  Instead being apologetic and remouseful, they have the guys to use big English to gaslight us like they superior human beings, but not to worry, the time reckoning is at the corner

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