Dr Ernest Addison is the Governor of the Bank of Ghana.
Audio By Carbonatix
The Bank of Ghana has dismissed reports that it has banned the opening of dollar accounts.
In a public notice, the Central Bank said it has not issued any directive to local banks in this regard.
Media reports had indicated that the Central Bank in a desperate measure to prevent the cedi from further depreciating halted local banks from opening dollar accounts for customers without written express permission.
The reports further said the move, however, was not part of the measures the Central Bank is taking to arrest the free fall of the cedi.
But the regulator of the banking industry has described the reports as false and therefore customers must disregard them.
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
-
Revenue growth must improve lives, not just government coffers — Patrick Boamah
2 minutes -
Traditional medicine set for major boost as Pan-African Parliament pushes new law
22 minutes -
Budget performance must reflect improved livelihoods, not politics — Sagnarigu MP
34 minutes -
Adwoa Safo keeping our father’s body from us – Family raises alarm
35 minutes -
Pan-African Parliament turns to traditional medicine to cut maternal and infant deaths
37 minutes -
What temerity do you have to claim Ato Forson is not raising enough revenue? – Issah challenges Minority
47 minutes -
EOCO witness insists GHc49.1m in NSB case came from state account
50 minutes -
Photos: Gabon President arrives in Ghana for official visit
56 minutes -
Zidane confirmed as France head coach
1 hour -
Pan-African Parliament challenges gov’ts over broken health funding pledge
1 hour -
Short-term political projects slowing Ghana’s progress – Prof Frimpong-Boateng
1 hour -
BoG calls for shift from financial access to financial health to deepen inclusion
1 hour -
Businesswoman sues interior decorator, police commissioner over alleged shop furnishing dispute
1 hour -
5 MPs reintroduce Anti-Witchcraft Accusations Bill
1 hour -
Julius Debrah’s Kwahu tourism research can unlock heritage opportunities – Davis Ansah Opoku
1 hour