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Welcome Statement by the Governor, Dr. Ernest Addison at the Ghana Economic Forum 2019

Welcome Statement by the Governor, Dr. Ernest Addison at the Ghana Economic Forum 2019

Monetary policy will remain vigilant to deal with inflation pressures should they emerge. Further, the Bank of Ghana has taken steps to build reserve buffers, to address potential risks from the external or domestic sectors. Currently, the country’s gross international reserves is estimated at around US$8 billion and expected to increase with additional inflows from the cocoa syndicated loan. We are also deepening the foreign exchange market through the introduction of new products to improve liquidity and ensure stability in the local currency.