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Money supply increases to 28.5% year-on-year in June 2026

According to the Bank of Ghana, the increase in broad money growth was largely driven by a significant build-up in Net Foreign Assets (NFA), as well as growth in Net Domestic Assets (NDA).

  • Ghana's M2+ money supply grew 28.5% year-on-year in June 2026
  • Net Foreign Assets (NFA) contribution rose to 14.8% in June 2026
  • Net Claims on Government (NCG) influence on NDA growth increased to 4.9%

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