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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.

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