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The Bank of Ghana (BoG) has confirmed that it injected approximately $10 billion into the Ghanaian economy from 2025 to help stabilise the exchange rate and strengthen the country’s foreign reserves.
According to the Central Bank, the intervention mainly involved payments made to Independent Power Producers (IPPs) and bondholders as part of broader measures to support market stability and improve confidence in the economy.
The disclosure was made at a sitting of Parliament’s Public Accounts Committee on Monday, January 12, 2026. The Head of Financial Markets at the Bank of Ghana, Nii Sowah Ahorlu, together with the Governor, Dr Johnson Asiama, explained how the intermediation process contributed to recent currency stability.
“Relative to last year, we have had significant intermediation processes, and that is what we have observed in terms of the stability and appreciation we have incurred. In terms of our support for the market this year, overall it has been close to $10 billion,” Mr Ahorlu stated.
The confirmation comes amid heightened public and stakeholder scrutiny of the Bank of Ghana’s foreign exchange interventions, with expectations that the measures will translate into sustained economic stability and improved market confidence.
