{
  "id": 11081751,
  "title": "GoldBod Generates $1.87bn Forex In September",
  "url": "https://urgent.news/2026/10/01/goldbod-generates-1-87bn-forex-in-september",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T01:50:33.000Z",
  "source": {
    "name": "The Chronicle Ghana",
    "slug": "the-chronicle-ghana",
    "url": "https://thechronicle.com.gh/goldbod-generates-1-87bn-forex-in-september/"
  },
  "original_language": "en",
  "account": "The Ghana Gold Board (GoldBod) generated $1.871 billion in foreign exchange (forex) from its artisanal and small-scale mining (ASM) gold trading operations in September 2026, surpassing its monthly target of $1.4 billion by $471 million. According to the Board's statement issued by its Finance and Trading Directorate on September 30, 2026, GoldBod successfully exceeded the announced monthly target in September 2026. CEO Sammy Gyamfi revealed that $701.3 million was sold to authorized commercial banks, slightly exceeding the targeted $700 million to support FX market stability. An additional $1.170 billion was provided to the Bank of Ghana (BoG) against the target of $700 million, aiming to strengthen the country's reserves in alignment with the Ghanaian Association of National Regulatory Authorities' Policy (GANRAP). For October, GoldBod projected to generate $1.5 billion in forex, with $1 billion intended for commercial banks and up to $500 million for the BoG for reserve accumulation. The Board emphasized its commitment to the newly developed Spot FX Sales/Intermediation Framework, which aims to enhance transparency, fairness, and regulatory compliance in forex sales. The Board remains dedicated to its mandate to generate foreign exchange for Ghana, continuing to collaborate closely with all stakeholders.",
  "summary": "The Ghana Gold Board (GoldBod) generated US$1.871 billion in foreign exchange (forex) from its artisanal and small-scale mining (ASM) gold trading operations in September 2026.The amount exceeded the Board’s monthly target of US$1.4 billion by US$471 million. In a statement issued by its Finance and Trading Directorate yesterday, GoldBod said: “In September 2026, the Ghana […] The post GoldBod…",
  "key_points": [
    "Ghana Gold Board (GoldBod) generated $1.871 billion in forex in September 2026.",
    "CEO Sammy Gyamfi stated $701.3 million sold to commercial banks, exceeding $700 million target.",
    "GoldBod aims to generate $1.5 billion in forex for October, with $1 billion for commercial banks."
  ],
  "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."
}