Higher gold and cocoa bean exports pushed Ghana’s trade surplus to 6.2 billion U.S. dollars over the first eight months of 2025, Bank of Ghana Governor Johnson Asiama announced on Monday.
This compares favorably with the 5-billion-dollar trade surplus recorded for the entire year of 2024.
Opening the central bank’s 126th Monetary Policy Committee meeting, Asiama said Ghana’s gross international reserves stood at 10.7 billion dollars in August, covering about four and a half months of imports.
Despite seasonal pressures and a moderation in remittance inflows in recent weeks, the governor noted that the local cedi currency remains among the strongest currencies globally year-to-date, appreciating by about 21 percent as of Sept. 12.
“This outperformance reflects prudent monetary policy, effective liquidity management, fiscal consolidation, and increased foreign exchange inflows,” Asiama added.
Ghana has recorded significant improvements in its macroeconomic fundamentals, with inflation falling to 11.5 percent in August, the lowest since October 2021, and the economy expanding by 6.3 percent in the second quarter of 2025. Enditem
Source: Xinhua
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