Tag: International reserves
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Ghana’s international reserves up to $5.7bn after IMF deal
The country’s gross international reserves have increased to US$5.7 billion after sealing the US$ 3 billion deal with the International Monetary Fund. These are highlights from data made available by the Bank of Ghana. “With the approval of the IMF-supported programme and receipt of the first tranche of the disbursement, the gross international reserves have…
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US$3 billion Eurobond hits Bank of Ghana’s accounts
The US$3 billion Eurobond issued by the government earlier this week has hit the accounts of the Bank of Ghana, a source close to the central bank has told Citi Business News. The funds from the three-pronged bond deal reached the central bank last Tuesday. The proceeds from the bond provide an improved cover for…