Search

Ghana cracks down on forex violations as cedi surges

Dr Johnson Asiama, Bank of Ghana governor @ BoG Facebook
Dr Johnson Asiama, Bank of Ghana Governor @ BoG Facebook
  • Bank of Ghana warns banks over persistent breaches of foreign exchange rules
  • Strong cedi, growing remittance inflows prompt tougher oversight and sanctions

ACCRA, GHANA – Ghana’s central bank has warned financial institutions and remittance providers over persistent breaches of foreign exchange regulations, as it tightens oversight to protect inward remittance flows.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


By signing in, you agree to receive Allen Dreyfus newsletters and updates. You can unsubscribe at any time.

Recent Business

Industrial gas valves outdoors. Photo by David Brown @ Pexels
Will Tanzania's gas find deliver? Investors await proof
Read More »
Gold mine. Photo by István Mihály @ Pixabay
Is JPMorgan chasing Nigeria’s minerals? Banking strategy raises questions
Read More »
A vibrant market scene in Accra, Ghana. Photo by Zeal Creative Studios @Pexels
Can Ghana keep borrowing cheap? Investor demand softens
Read More »

Recent Politics

Photo by Fran Ben @ Pixabay | Senegal
Can Senegal’s budget revolt derail its IMF rescue?
Read More »
A rusted tank at a war zone. Photo by Alen Bešlija @Pexels
Sudan’s drone war kills hundreds. Can diplomacy prevail?
Read More »
Abiy Ahmed Ali, Prime Minister of Ethiopia. Photo @Abiy Ahmed Ali/X
Could Ethiopia’s Eritrea crisis derail its debt recovery?
Read More »

Latest Posts

Latest news insights