BoG explains reduction in gold holdings as part of portfolio diversification

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• Plasmida 1 month ago

  Co efficient portfolio balancing be dis?

  Co efficient portfolio balancing be dis?

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• Afia 1 month ago

  NPP supporters are illiterates. They don't understand high class economic moves

  NPP supporters are illiterates. They don't understand high class economic moves

  reply
• Hahahahahaha 1 month ago

  Do u understand what the Governor's explanation means? I bet u don't. If u do kindly help by breaking it down to those u claim do not understand economics. Thanks

  Do u understand what the Governor's explanation means? I bet u don't. If u do kindly help by breaking it down to those u claim do not understand economics. Thanks

  reply
• Louis 1 month ago

  Governor you are heading to wrong direction . Don't tell us is part of portfolio diversification to support the money rather must be use urgently to complete uncompleted infrastructure projects and boast agricultural sector ...
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  Governor you are heading to wrong direction . Don't tell us is part of portfolio diversification to support the money rather must be use urgently to complete uncompleted infrastructure projects and boast agricultural sector to further create more jobs to expand the economy. What are àrè doing is unstubstàinable

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• Eii NDC 1 month ago

  These people are supervised incompetent. Instead of increasing the Gold reserves to support the currency, they are rather selling off what has been purchased. This Governor of Bank of Ghana is more a Politician than an econom ...
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  These people are supervised incompetent. Instead of increasing the Gold reserves to support the currency, they are rather selling off what has been purchased. This Governor of Bank of Ghana is more a Politician than an economist. Tweakai

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• Eii NDC 1 month ago

  These people are super incompetent. Instead of increasing the Gold reserves to support the currency, they are rather selling off what has been accumulated. This Governor of Bank of Ghana is more a Politician than an economist ...
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  These people are super incompetent. Instead of increasing the Gold reserves to support the currency, they are rather selling off what has been accumulated. This Governor of Bank of Ghana is more a Politician than an economist. Tweakai

  reply
• Coby 1 month ago

  Shocking!! This’s a classic case of ‘let’s sell some of the gold for dollars to cushion the Cedi and keep Ghanaians happy’ - so that they’ll continue to clap for us.

  Shocking!! This’s a classic case of ‘let’s sell some of the gold for dollars to cushion the Cedi and keep Ghanaians happy’ - so that they’ll continue to clap for us.

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• U gerrit? 1 month ago

  That's very true. That's the meaning of all the plenty English the Governor is speaking. Our leaders like to hide behind terminologies and big English when they're lying to the people who gave them power. Just be truthful and ...
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  That's very true. That's the meaning of all the plenty English the Governor is speaking. Our leaders like to hide behind terminologies and big English when they're lying to the people who gave them power. Just be truthful and candid with your people if you dont have anything to hide. Every country build gold reserves and liquidate that asset when they need dollars to boost their foreign currency reserves to support their local currency. It's not wrong to do that if that becomes necessary to maintain some stability in the economy. If that's what you have done, just say it.

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• .mr amin 1 month ago

  If you sell some of your property to keep your children happy what is wrong with that? The cedi strength is the heart of the economy

  If you sell some of your property to keep your children happy what is wrong with that? The cedi strength is the heart of the economy

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• Smioko 1 month ago

  Coby you are right, why did you sell more than half your gold reserves (19.1 tons of 37.1) the whole idea behind this decision is to sell for dollars to support the cedis period

  Coby you are right, why did you sell more than half your gold reserves (19.1 tons of 37.1) the whole idea behind this decision is to sell for dollars to support the cedis period

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• Akut 1 month ago

  Gold typically makes up a notable minority share of UK official reserves — estimate around ~15 – 18 % of total reserves derived from the UK’s 310 tonnes relative to total reserve value.
  The remainder of the reserves � ...
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  Gold typically makes up a notable minority share of UK official reserves — estimate around ~15 – 18 % of total reserves derived from the UK’s 310 tonnes relative to total reserve value.
  The remainder of the reserves — approximately 80 – 85 % — consists of foreign currency assets (major currencies like USD, EUR, JPY), SDRs, and IMF positions.
  Facts not opinions. Case closed.

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• Gbeho Agbo 1 month ago

  Npp crooks you understand nother except to steal. You can sell gold at high prices now and buy more when gold depreciates. Also it doesn't make sense to hold so much gold when prices could drop. It's best to covert to currenc ...
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  Npp crooks you understand nother except to steal. You can sell gold at high prices now and buy more when gold depreciates. Also it doesn't make sense to hold so much gold when prices could drop. It's best to covert to currency and place in fixed deposit for interest yielding. BOG makes sense, rather than printing 55 billion cedis and create inflation. Npp kleptomaniacs just shut up

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