Ghana loses $1.1 billion of foreign reserves
Governor of the Bank of Ghana (BoG), Kwesi Amissah-Arthur
Ghana’s foreign reserves fell to $4.3 billion as at June 8, 2012 from $5.4 billion in December 2011, the central bank has said.
The country’s foreign reserves is less $1.1 billion between the December 2011- June 2012 time periods.
Speaking to journalists in Accra, Governor of the Bank of Ghana (BoG), Kwesi Amissah-Arthur said the country’s $5.4 billion gross reserves is equivalent to “2.5 months imports cover” of goods and services.
Source Ghana Business News
Category: Busines
