The Bank of Ghana (BoG) has confirmed that it has injected approximately $10 billion into the Ghanaian economy since January 2025 as part of its ongoing efforts to stabilise the Ghanaian cedi and strengthen the nation’s foreign exchange reserves.
The central bank outlined the intervention during a session before the Public Accounts Committee (PAC) of Parliament
Nii Sowah Ahorlu, Head of Financial Marketing at the BoG, and Dr Johnson Pundit Asiama, Governor of the BoG, explained that the intervention primarily covered payments to Independent Power Producers (IPPs) and bondholders as part of a broader strategy to support the market.
ALSO READ: NDIC DECLARES ₦24.3BN SECOND DIVIDEND FOR HERITAGE BANK DEPOSITORS
Nii Ahorlu said: “Relative to last year, we have had significant intermediation processes, and that is what we have observed in terms of the stability and appreciation we have incurred. In terms of our support for the market this year, overall, it has been close to $10 billion.”
The BoG’s interventions have helped the local currency gain ground, noting that the cedi appreciated by nearly 13.9 per cent against the US dollar by October 2025. He also highlighted growth in the central bank’s gold reserves, which reached 37.06 tonnes by September 2025.
