The Bank of Ghana (BoG) has confirmed that it has injected $10 billion into the economy since 2025 as part of efforts to stabilise the exchange rate and strengthen the nation’s foreign reserves.

The Central Bank revealed that the financial support primarily involved payments to Independent Power Producers (IPPs) and bondholders, forming part of a broader strategy to maintain market stability.

Speaking at a Public Accounts Committee (PAC) sitting on Monday, January 12, Nii Sowah Ahorlu, Head of Financial Marketing at BoG, alongside Governor Dr. Johnson Asiama, provided details on the impact of these interventions.

“Compared to last year, we have carried out significant intermediation processes, which have contributed to the stability and appreciation we have observed. In terms of our support for the market this year, the total has been close to $10 billion,” Mr. Ahorlu stated.

The disclosure comes amid increased scrutiny of the BoG’s foreign exchange interventions, as stakeholders continue to monitor whether the measures are achieving the desired outcomes in economic stability and currency management.