Ghana plans to use gold to pay for oil imports - Business Ghana

Posted 2022-11-29, WorldNews.com

Photo: Creative Commons / Creative Commons / Fquasie

Ghana plans to buy oil products with gold rather than US dollar reserves in a measure aimed at stemming the weakening of its currency, the cedi, and to address the increasing living costs. The new policy "will fundamentally change our balance of payments and significantly reduce the persistent depreciation of our...read full story


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