Audio By Carbonatix
The Bank of Ghana says it will soon move to halt quotation of goods and services in dollars in the country.
The Central bank believes this should in the long term help check the high demand of dollars from businesses and individuals.
Governor of the Bank of Ghana disclose this to newsmen at a news conference on Wednesday after its Monetary Policy Committee meeting.
He however adds that the Central Bank is engaging all stockholders to ensure that the action gets the needed support.
“That is our ultimate aim, over time we should be able to encourage people to move away from doing that…yes we want to stop this dollarization”.
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.
Tags:
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
-
Ukraine condemns ‘brutal’ Russian strikes ahead of second day of peace talks
24 minutes -
Mandela’s prison key, sunglasses and shirt can be sold after daughter wins court battle
27 minutes -
GES cautions public against fake recruitment letter circulating on social media
29 minutes -
Prof. Gyampo welcomes joint task force and currency stability to support transport sector
33 minutes -
Kennedy Agyapong campaign team says peace pact was not received before NPP signing
34 minutes -
Roads Minister urges chiefs to monitor road contractors as Mahama pushes infrastructure completion
38 minutes -
Police arrest 38-year-old man over suspected narcotics in a GHS vehicle
44 minutes -
2,949 killed in 14,743 road crashes in 2025 – NRSA
52 minutes -
Inusah Fuseini: Ofori-Atta’s wife confronted ex-AG Gloria Akuffo over ‘slow’ NDC trial pace under Akufo-Addo
1 hour -
Joy FM’s Strong and Sassy has a new host, aKorfa
2 hours -
Bawa Rock Ltd donates GH₵200k to KATH to support indigent patients
2 hours -
‘I have great sympathy for Ken Ofori-Atta’ – Inusah Fuseini
2 hours -
CIMG urges all practising marketers to regularise status under Ghana’s marketing law
2 hours -
GES warns public against fake recruitment letter circulating on social media
2 hours -
Joy FM’s Home Affairs moves to 5:30am on Saturdays: same conversations, same impact
2 hours
