GH¢17.5bn gold accounting shortfall due to cedi appreciation — BoG

The Bank of Ghana (BoG) has attributed a GH¢17.5 billion accounting loss associated with the 2025 Domestic Gold Purchase Programme (DGPP) to the sharp appreciation of the cedi, explaining that the amount does not represent an actual cash loss to the country. The bank said the loss resulted from exchange-rate differences between the rates at which gold was purchased locally…