Macro Analysis /

Ghana turns to gold buying to support its depreciating currency

Forex: Ghana turns to gold buying to support the Cedi
Fixed Income: Sell-off in Kenyan bonds halts temporarily, but broader bearish bias remains intact
Macroeconomic: US Dollar corrects lower on Tuesday, providing a boost for emerging market currencies

Kieran Siney

Head of African Markets @ ETM Analytics

Takudzwa Ndawona

Financial Markets Analyst @ ETM Analytics

18 May 2022

Published byETM Analytics

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