Monetary Policy
Transcript of Nov. 2014 MPC Press Release
Friday, 28 November 2014 00:00

The Eurobond and cocoa loan proceeds have reflected more in the level of reserves, as the level of reserves are currently more than US$6 billion, the largest we have seen for a long time. The level may decline as we get to the end of the year since we have outstanding payments to be made. However, we are certain to achieve our target of 3-months of imports cover.

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