<\/p>\n
FITCH Solutions has warned that a sharp decline in global gold prices triggered by a return towards more conventional trade policies in the US and the resolution of major global geopolitical flashpoints will quickly erode Ghana’s international reserves.<\/p>\n
According to the UK-based firm, the central bank would in this scenario struggle to maintain the cedi at current levels, leading to a renewed sell-off.<\/p>\n
“This would keep inflation elevated, lead to a weakening in consumer and investor sentiment and…<\/p>\n<\/div>\n
Read more on AllAfrica.com<\/a> FITCH Solutions has warned that a sharp decline in global gold prices triggered by a return towards more conventional trade policies in the US and the resolution of major global geopolitical flashpoints will quickly erode Ghana’s international reserves. According to the UK-based firm, the central bank would in this scenario struggle to maintain the cedi […]<\/p>\n","protected":false},"author":10,"featured_media":200881,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[4507],"tags":[258,256,14228,36659,21625,4509,8226,4644,4337,257,10246,11008,15030,16100,254],"class_list":["post-200880","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ghana","tag-africa","tag-africa-news","tag-decline","tag-eroded","tag-fitch","tag-ghana-news","tag-ghanas","tag-gold","tag-international","tag-news","tag-prices","tag-reserves","tag-sharp","tag-solutions","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/200880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=200880"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/200880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/200881"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=200880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=200880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=200880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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South Africa Today Africa \u2013 West Africa Ghana<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"