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Ghana orders miners to sell 20% of refined gold to central bank

Summary by Ground News
Ghana's government is planning a new policy where gold rather than U.S. dollar reserves will be used to buy oil products. The move is meant to tackle dwindling foreign currency reserves and demand for dollars by oil importers. Community mining schemes and licensed small-scale miners will also have to sell gold.

Bias Distribution

  • 67% of the sources lean Right
67% Right
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Business Live broke the news in Johannesburg, South Africa on Friday, November 25, 2022.
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