By Moses Mozart Dzawu
Bloomberg News
Wednesday, December 31, 2026
Ghana's currency posted an annual gain against the dollar for the first time in more than three decades as Africa's biggest gold producer benefited from rising prices of the metal and the greenback's weakness.
The cedi has appreciated 41% against the dollar this year, the first time it has risen since at least 1994 when Bloomberg began compiling the data. That made it the best performer among 144 currencies tracked by Bloomberg after the Russian ruble. The Bloomberg Dollar index is headed for its worst decline since 2017.
... Dispatch continues below ...
... ADVERTISEMENT ...
Blue Lagoon Sells to Ocean Partners Nearly C$1 Million
of Gold and Silver from Dome Mountain's Initial Production
Company Announcement
Tuesday, December 30, 2025
VANCOUVER, British Columbia, Canada -- Blue Lagoon Resources Inc. (CSE: BLLG; OTCQB: BLAGF; FSE: 7BL) has made its first sale of gold and silver to Ocean Partners UK Ltd. from the Dome Mountain mineralized material that was delivered this month to the company's milling partner, Nicola Mining Inc., for processing.
The company expects to receive C$970,000 in connection with this delivery, representing its first sale related to production from Dome Mountain.
The payment represents an advance on the first shipment of approximately 1,000 tonnes of mineralized material delivered to Nicola, as processing has not yet occurred due to scheduled mill maintenance. ...
... For the remainder of the announcement:
https://bluelagoonresources.com/wp-content/uploads/2025/12/Blue-Lagoon-Resources_Dec-30.pdf [1]
The currency may extend gains next year as foreign investors return, according to Gergely Urmossy, a London-based senior frontier markets strategist at Societe Generale.
Ghana's central bank has been increasing purchases of bullion, helping lift gross international reserves by 24% to $11.4 billion as of October, from the start of the year. ...
... For the remainder of the report:
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
http://www.gata.org/node/16 [5]
Donations of $400 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work:
https://www.gata.org/sites/default/files/GATA-silver-round-front.png [6]
