Dr Ernest_Addison_Bank of Ghana Governor
The Governor of the Bank (BoG) Dr. Ernest Addison has assured that there is enough dollar reserves to support the cedi as the Christmas festivities approach in December.
He stated that all measures have been put in place to maintain the stability of the cedi as businesses get ready to import for the yuletide.
“I think that businesses have to trust the Bank of Ghana when we say that we have enough reserves”, Dr. Addison said in response to a question by JOYBUSINESS during a media engagement after the Monetary Policy Committee in September 2024.
The pledge was made after some commercial banks hinted to JOYBUSINESS that the demand for dollar has gone up due increase in imports ahead of the festive seasons.
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