The Importers and Exporters Association of Ghana has thrown its support behind the Ghana Gold Board (Goldbod), urging the institution to remain committed to initiatives aimed at sustaining the appreciation of the Ghanaian cedi against the US dollar and other major global currencies.

The call came during a courtesy visit to Goldbod’s Chief Executive Officer, Mr. Sammy Gyamfi, to congratulate him on his recent appointment.

Speaking on behalf of the association, Executive Secretary Mr. Samson Asaki Awingobit praised Mr. Gyamfi’s leadership credentials, describing his appointment as a reflection of his expertise and proven track record in the gold and extractive sectors.

“We are confident that under your leadership, Goldbod will achieve greater success and play a pivotal role in ensuring the stability of the cedi through strategic gold-based interventions,” Mr. Awingobit said.

He noted that the business community, especially importers and exporters, is closely watching the currency’s performance and welcomes efforts to maintain its upward trajectory.

In his response, Mr. Gyamfi expressed gratitude for the association’s support and reaffirmed Goldbod’s commitment to deploying strategic measures to strengthen the local currency.

“Goldbod is committed to playing a critical role in Ghana’s economic development. We are implementing initiatives that will not only support the appreciation of the cedi but also contribute to broader macroeconomic stability,” Mr. Gyamfi assured.

The Goldbod CEO added that the Board’s focus on gold trade and export reforms will remain central to its mission of boosting foreign exchange reserves and reducing pressure on the cedi.