NPP supporters are illiterates. They don't understand high class economic moves
NPP supporters are illiterates. They don't understand high class economic moves
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
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 ... read full comment
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 à rè doing is unstubstà inable
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 ... read full comment
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
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 ... read full comment
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
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.
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 ... read full comment
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.
.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
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
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 †... read full comment
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.
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 ... read full comment
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
Co efficient portfolio balancing be dis?
NPP supporters are illiterates. They don't understand high class economic moves
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
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 ...
read full comment
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 ...
read full comment
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 ...
read full comment
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.
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 ...
read full comment
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
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
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 †...
read full comment
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 ...
read full comment