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Bank of Ghana Launches US$120 Million Forex Auction to Stabilize Fuel Supply

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/bank-of-ghana-launches-us120-million-forex-auction-to-stabilize-fuel-supply/The Bank of Ghana (BoG) has introduced a strategic initiative to ensure stable fuel supply in the country through a series of foreign exchange (forex) auctions aimed at Bulk Oil Distribution Companies (BDCs). The central bank will auction a total of $120 million to BDCs during the first quarter (Q1) of 2025 to prevent potential […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/bank-of-ghana-launches-us120-million-forex-auction-to-stabilize-fuel-supply/


The article discusses the Bank of Ghana's decision to launch a US$120 million forex auction to address the issue of unstable fuel supply in the country.


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