Bank of Ghana injects $2.01bn as cedi gains

The Bank of Ghana provided $2.01 billion to the foreign exchange market in June 2026. This intervention was made to address increased demand for foreign currency. The central bank's action aimed to strengthen the Ghanaian cedi.

This supply of dollars helped stabilize the value of the cedi against major international currencies. The cedi experienced its first monthly appreciation of the year in June 2026. This indicates a positive shift in the currency's performance.

The Bank of Ghana regularly monitors the foreign exchange market. It intervenes when necessary to ensure stability and predictability. These interventions are part of its monetary policy tools.

The specific demand that necessitated this injection of funds is currently under review. Officials are monitoring the ongoing foreign exchange market trends closely. The success of this intervention will be assessed over the coming weeks.