Gold’s 0.64 Correlation With Ghana’s Reserves Makes the Case for GANRAP, Says Acheampong

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/golds-0-64-correlation-with-ghanas-reserves-makes-the-case-for-ganrap-says-acheampong/Ghana’s decision to anchor its reserve strategy on gold has stronger empirical backing than many realise, according to economist and Ministry of Finance Technical Advisor Dr. Theo Acheampong, who cited a positive correlation coefficient of 0.64 between gold performance and the country’s gross international reserves as evidence the metal can do real work for the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/golds-0-64-correlation-with-ghanas-reserves-makes-the-case-for-ganrap-says-acheampong/


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