Ghana’s net international reserves ended 2021 at $6.09bn

Ghana’s net international reserves ended 2021 at $6.09 billion, higher than the $5.56 billion recorded during the same period last year.

This is equivalent to 4.4 months of import cover.

According to data from the Bank of Ghana, the reserves decline from $8.23 billion in May 2021 to $7.25 billion in September 2021, before rising to $7.32 billion in October 2021.

At the beginning of the year (January 2021), the country’s reserves stood at $5.89 billion, about 4.1 months of import cover.

According to the figures on External Sector Developments, the Heritage and Stabilisation Funds in the first 10 months of this year stood at $ 971.4 million.

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