GoldBod does not trade in forex – Sammy Gyamfi tells PAC
The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has told Parliament’s Public Accounts Committee (PAC) that the Board does not trade in foreign exchange and only sells forex generated through its statutory gold operations. Mr Gyamfi said the Board was established under the Ghana Gold Board Act, 2025 (Act 1140), with […]
GoldBod's CEO, Sammy Gyamfi, testified before Ghana's Public Accounts Committee that the Board does not engage in forex trading. Instead, it only sells foreign exchange generated through its statutory gold operations, as mandated by the Ghana Gold Board Act, 2025 (Act 1140). The Board's primary role is to generate foreign exchange for Ghana and support the Bank of Ghana's gold reserve accumulation, not to buy or sell currencies.
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- GoldBod does not trade in forex – Sammy Gyamfi tells PAC gbcghanaonline.com
