EconomyGhanaNewsGhana Bans Transactions In Foreign Currencies To Protect Cedi
The Ghanaian government has banned spending and transaction of businesses in U.S dollars, Pounds, and other foreign currencies in the country. In a public statement on Thursday, the Bank of Ghana (BoG) warned citizens and companies to stop transacting business, pricing goods and services and advertising in foreign currencies. The apex bank noted that it is illegal for individuals, companies, institutions, and others to engage in foreign exchange business without an appropriate licence from the...