{
  "id": 10986995,
  "title": "GoldBod beats September target with US$1.87bn forex generation",
  "url": "https://urgent.news/2026/09/30/goldbod-beats-september-target-with-us-1-87bn-forex-generation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T16:35:50.000Z",
  "source": {
    "name": "GBC Ghana",
    "slug": "gbc-ghana",
    "url": "https://www.gbcghanaonline.com/general-news/goldbod-beats-september-target-with-us1-87bn-forex-generation/2026/"
  },
  "original_language": "en",
  "account": "The Ghana Gold Board (GoldBod) generated US$1.871 billion in foreign exchange in September 2026, surpassing its monthly target of US$1.4 billion. This impressive figure was achieved through the Board's artisanal and small-scale gold trading operations, which are carried out under its statutory mandate. The statement issued by GoldBod on September 30, 2026, revealed that the company sold US$701.3 million of the foreign exchange to authorized commercial banks during the month. The aim of these sales was to maintain stability in the foreign exchange market, exceeding the Board's target of US$700 million. Additionally, GoldBod provided a substantial US$1.17 billion to the Bank of Ghana to bolster the nation's foreign exchange reserves, significantly surpassing its monthly target of US$700 million. Looking ahead to October, GoldBod anticipates generating US$1.5 billion in foreign exchange from its gold trading activities. This projection is expected to be split, with US$1 billion made available to authorized commercial banks to support market stability, and the remaining US$500 million directed towards the Bank of Ghana to further bolster the country's foreign exchange reserves as part of the Ghana Accelerated National Reserves Accumulation Programme (GANRAP). GoldBod has also introduced a new Spot FX Sales/Intermediation Framework, aimed at promoting transparency, fairness, and compliance with regulatory requirements in the foreign exchange market. The Board remains committed to its role in generating foreign exchange for Ghana and continues to collaborate with stakeholders to enhance the country's foreign exchange and reserve management efforts.",
  "summary": "By Ashiadey Dotse The Ghana Gold Board (GoldBod) generated US$1.871 billion in foreign exchange in September 2026, exceeding its monthly target of US$1.4 billion. A statement released on Wednesday, September 30, 2026 revealed that the amount was generated from the Board’s artisanal and small-scale gold trading operations under its statutory mandate. GoldBod said it sold […]",
  "key_points": [
    "Ghana Gold Board (GoldBod) generated $1.871 billion in forex in September 2026.",
    "Exceeded target of $1.4 billion through artisanal and small-scale gold trading.",
    "Aimed to maintain stability and bolster foreign exchange reserves."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}