Browsing Tag

Hedging

Africa’s Top Gold Producer Adopts Hedging Strategy Amidst $11.1B Reserves

Ghana is taking proactive steps to bolster its economy—specifically, the nation is developing a strategic plan to hedge its gold exports. This initiative aims to protect the earnings that have significantly enhanced the foreign reserves of the Bank of Ghana, as articulated by Governor Johnson Asiama. In a world where uncertainty often reigns, it’s refreshing to see such forward-thinking measures. Speaking at an event in Accra, Governor Asiama highlighted the remarkable growth in gold production and favorable…

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