Dr Ernest Addison is the Governor of the Bank of Ghana.
Audio By Carbonatix
The Bank of Ghana has dismissed social media reports that it will on Sunday, October 30, 2022, slap serious restrictions on holders of Foreign Exchange Accounts and Foreign Currency Accounts, a move to reign in the cedi.
Some social media reports indicate that President Akufo-Addo and his team of advisors believe imposing new controls on the movement of foreign currency will help Ghana’s deteriorated financial situation.
However, the Central Bank has advised the public to disregard the reports.
It said “the message is false and the Bank of Ghana cautions against such reportage”.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
MTN Ghana completes Mobile Money business spinoff to scale Fintech unit
8 minutes -
Sports Minister pledges government’s full support to Black Queens ahead of WAFCON opener
11 minutes -
Vice President reaffirms government’s commitment to strengthening justice sector
13 minutes -
FDA cracks down on unsafe fish processing in joint operation at Tema Newtown
23 minutes -
Today’s front pages: Wednesday, July 29, 2026
1 hour -
Diomande’s rapid and remarkable rise to Real Madrid
1 hour -
Nigeria: Gunmen kill army colonel in Abuja, shoot wife in failed abduction attempt
1 hour -
UEFA World Cup boycott may be raised over FIFA plan
2 hours -
Fitch Solutions predicts inflation to rise to 9% by end-2026 despite recent gains
2 hours -
MPs approve zero excise duty on local fruit juices
2 hours -
KGL partners GMTF to build ultra-modern diagnostic centre at Ridge Hospital
2 hours -
BoG Governor, all members of MPC voted to keep policy rate at 14%
3 hours -
Universities must stop selling degrees and start selling purpose
3 hours -
Otumfuo briefed on Ghana Medical Trust Fund’s plan to expand specialised healthcare
3 hours -
GRIDCo begins restoration after early morning power system disturbance hits national grid
3 hours