It is believed that the current challenge facing the Ghana Cedi is not just about Ghana’s Fiscal situation, Limited supply of dollars or even the activities of speculators.
Rather, challenges with the strict enforcement of the country’s Foreign Exchange Laws, especially when it comes the forex activities and Forex Bureaus in the country, have been cited.
One cannot forget about the activities of Forex Bureaus in the country and how this has brought some pressure on the Ghana cedi.
How do we empower Ghanaians in our quest to deal with Money Laundering, Foreign Exchange Transactions, and Selling of Forex in the country? What about issues covering the identity of Ghanaians and protecting them when they engage these foreign exchange companies?
Against this backdrop, the Business Edition of PM Express will tonight discuss: Bank of Ghana and the Foreign Exchange business.
Guest: Dr. Joseph France, Head of Financial Stability at Bank of Ghana.
Latest Stories
-
Australians call for tougher laws on violence against women after killings
1 hour -
African Development Council establishes mission in Benin for Francophone countries
1 hour -
Okyeame Kwame reveals his secret to longevity in music industry
2 hours -
Youthful-looking 60-year-old woman qualifies for Miss Argentina contest
2 hours -
Ejisu By-Election: Campaign heats up as NPP holds final rally ahead of Polls on Tuesday
2 hours -
Rwanda plan: Irish government wants to send asylum seekers back to UK
2 hours -
Ice cubes now cost more than bread and milk in parts of Mali
4 hours -
Titanic gold pocket watch sells for £900,000
5 hours -
Elon Musk in China to discuss enabling full self driving – reports
5 hours -
Foreign Affairs Ministry advises against travelling to Northern Mali
5 hours -
After dating him for three years, I proposed to my husband
5 hours -
Beatrice ‘Bee’ Arthur tackles plastic pollution through artistic exploration
6 hours -
Hundreds turn out for Luv FM/Telecel Fitness Walk in Kumasi
6 hours -
Ghana Post launches Asantehene Commemorative Stamp
6 hours -
Police fire tear gas to disperse Benin wage protest
6 hours