{"id":104325,"date":"2025-11-27T11:07:06","date_gmt":"2025-11-27T11:07:06","guid":{"rendered":"https:\/\/sotnews.agency\/?p=104325"},"modified":"2025-11-27T11:07:06","modified_gmt":"2025-11-27T11:07:06","slug":"ghanas-current-account-hits-us3-8bn-accounting-for-cedi-stability","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=104325","title":{"rendered":"Ghana\u2019s current account hits US$3.8bn, accounting for cedi stability"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>1 Minute, 0 Second                <\/div>\n\n            <\/div><div>\n<p>Ghana\u2019s current account improved significantly in the first nine months of 2025, reaching a surplus of US$3.8 billion.<\/p>\n<p>This is compared to US$553.6 million for the same period in 2024.<\/p>\n<p>According to the Monetary Policy Committee of the Bank of Ghana, the trade surplus increased to US$7.5 billion. This is on the back of a surge in gold and cocoa export earnings.<\/p>\n<p>Private inward transfers remained high at U$6.0 billion at the end of the third quarter.<\/p>\n<p>According to the Bank of Ghana, the current account surplus, together with favourable balances in the capital and financial accounts, translated into an overall balance of payment surplus of US$1.8 billion and supported an accumulation of reserve assets to US$11.4 billion in October 2025. This is equivalent to 4.8 months of import cover.<\/p>\n<p>Reserves are also projected to increase further by the year-end.<\/p>\n<p>The Central Bank said the reserve accumulation efforts have helped provide a cushion for the currency, with the cedi strengthening against the major trading currencies.<\/p>\n<p>In the year to 21st November 2025, the cedi recorded an appreciation of 32.2% against the US dollar.<\/p>\n<\/div>\n        <div class=\"booster-block booster-reactions-block\">\n            <div class=\"twp-reactions-icons\">\n                \n                <div class=\"twp-reacts-wrap\">\n                    <a react-data=\"be-react-1\" post-id=\"104325\" class=\"be-face-icons un-reacted\" href=\"javascript:void(0)\">\n                        <img decoding=\"async\" src=\"https:\/\/sotnews.agency\/wp-content\/plugins\/booster-extension\/\/assets\/icon\/happy.svg\" alt=\"Happy\">\n                    <\/a>\n                    <div class=\"twp-reaction-title\">\n               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                        <\/div>\n                <\/div>\n\n                <div class=\"twp-reacts-wrap\">\n                    <a react-data=\"be-react-4\" post-id=\"104325\" class=\"be-face-icons un-reacted\" href=\"javascript:void(0)\">\n                        <img decoding=\"async\" src=\"https:\/\/sotnews.agency\/wp-content\/plugins\/booster-extension\/\/assets\/icon\/angry.svg\" alt=\"Angry\">\n                    <\/a>\n                    <div class=\"twp-reaction-title\">Angry<\/div>\n                    <div class=\"twp-count-percent\">\n                                                    <span style=\"display: none;\" class=\"twp-react-count\">0<\/span>\n                                                                        <span class=\"twp-react-percent\"><span>0<\/span> %<\/span>\n                        \n                    <\/div>\n                <\/div>\n\n                <div class=\"twp-reacts-wrap\">\n                    <a react-data=\"be-react-5\" post-id=\"104325\" class=\"be-face-icons un-reacted\" href=\"javascript:void(0)\">\n                        <img decoding=\"async\" src=\"https:\/\/sotnews.agency\/wp-content\/plugins\/booster-extension\/\/assets\/icon\/surprise.svg\" alt=\"Surprise\">\n                    <\/a>\n                    <div class=\"twp-reaction-title\">Surprise<\/div>\n                    <div class=\"twp-count-percent\">\n                                                    <span style=\"display: none;\" class=\"twp-react-count\">0<\/span>\n                                                                        <span class=\"twp-react-percent\"><span>0<\/span> %<\/span>\n                                            <\/div>\n                <\/div>\n\n            <\/div>\n        <\/div>\n\n    ","protected":false},"excerpt":{"rendered":"<div><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2021\/07\/Gross-reserves-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"Ghana\u2019s current account hits US$3.8bn, accounting for cedi stability\" loading=\"lazy\" title=\"Ghana\u2019s current account hits US$3.8bn, accounting for cedi stability\">According to the Monetary Policy Committee of the Bank of Ghana, the trade surplus increased to US$7.5 billion. This is on the back of a surge in gold and cocoa export earnings.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12,1919,11718,319,1978,2534,1883,10,9,12984],"tags":[],"class_list":["post-104325","post","type-post","status-publish","format-standard","hentry","category-business","category-cedi","category-current-account","category-economy","category-hp-business-1","category-mpc","category-national","category-politics","category-popular","category-reserves"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/104325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=104325"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/104325\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=104325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=104325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=104325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}