Sammy Gyamfi the CEO of the Goldbod has stated the Ghana cedi appreciation is not a product of gold reserve accumulation.
He emphasized that the appreciation of the Ghana cedi continues unabated due to the high forex liquidity mainly on account of unprecedented gold exports by the Goldbod.
In a social media post on X, Sammy Gyamfi wrote, “The appreciation of the Ghana cedi continues unabated.