The Central Bank of Ghana (BoG) announced, on 5 January 2026, its intention to sell up to $1 billion in the market of changes during the month of January.

The Ghanaian central bank is preparing sales of currencies to banks and businesses on the foreign exchange market during this first month of the year 2026. The operation is part of the program foreign exchange intermediation set up by the central bank. This program aims to reduce exchange rate variations and manage the reserves of country.

In fact, the $1 billion will be offered to commercial banks and businesses that need foreign currency for their activities, in particular to pay for imports.

According to the BoG, the sale of dollars is primarily aimed at limit strong changes in the exchange rate. When businesses don't are not finding enough currencies on the market, the pressure is increasing on the cedi. This situation can lead to a rapid depreciation of the currency. national.

In reality, the Bank of Ghana is pursuing an objective accumulation of reserves, while using some of these resources when the market needs it. Some of the dollars put up for sale come from national gold purchase program.