The problem with the world having only a single reserve currency came to the fore during the crisis as many countries faced dollar liquidity problems as a consequence of swift  4  BIS Review 142/2010  deleveraging by foreign creditors and foreign investors. Paradoxically, even as the US economy was in a downturn, the dollar strengthened as a result of flight to safety.
LAUNCH OF THE 75TH ANNIVERSARY CELEBRATION OF THE UNIVERSITY OF GHANA  THEME: ‘NURTURING RESILIENCE: ADOPTING TECHNOLOGY, EMBRACING HUMANISM’  REMARKS BY MRS. ELSIE ADDO AWADZI SECOND DEPUTY GOVERNOR BANK OF GHANA  WEDNESDAY, 31ST AUGUST 2022 GREAT HALL, UNIVERSITY OF GHANA, LEGON  1  Chief of Staff, Office of the President, Hon. Akosua Frema Osei-Opare Minister for Education, Hon.