Fools. Confine your campaign to Bantama. Ghana has no need of your bush kingdom nonsense.
Fools. Confine your campaign to Bantama. Ghana has no need of your bush kingdom nonsense.
BABYLONNIA 8 months ago
Let those foolish animals following the NPP know that... "aban papa aba..!!!!" The Russia-Ukraine war has even intensified, but we are now enjoying an unbelievable exchange rate stability under a responsible government. Ghana ... read full comment
Let those foolish animals following the NPP know that... "aban papa aba..!!!!" The Russia-Ukraine war has even intensified, but we are now enjoying an unbelievable exchange rate stability under a responsible government. Ghana is moving forward, and there is hope & smile on the faces of Ghanaians now... (including even the NPP criminals). The 40-year exile in Siberia is being supervised by God, so you can continue stabbing yourselves in opposition. We want to see you all dead for a peaceful Ghana!
Dr. Allen Smith Jackson, UK 8 months ago
Then where’s our Sammy Gyamfi going to get his dollars to do show off
Then where’s our Sammy Gyamfi going to get his dollars to do show off
Kojo 8 months ago
Exactly!!!
Exactly!!!
Simeon London 8 months ago
We told you so! The last economist are back? Taking everybody's dollars and sharing among themselves. They did same between 2013 and 2016. One had to write a love letter to their banks to redraw their own cash .
This will ... read full comment
We told you so! The last economist are back? Taking everybody's dollars and sharing among themselves. They did same between 2013 and 2016. One had to write a love letter to their banks to redraw their own cash .
This will definitely result in more black market transactions.
Simeon London 8 months ago
**lazy economist***
**lazy economist***
Speaking under influence of pito and dog meat 8 months ago
How can you lie like this? The governor has assured the nation that you are lying. How do you redeem your image?
How can you lie like this? The governor has assured the nation that you are lying. How do you redeem your image?
Kwadwo Afram Saka 8 months ago
Adongo are you the communication officer of Bank of Ghana? Are board members allowed to sit on radio to enact policy? Who says that once a customer deposits his own money into his bank account a loud mouth idiot can change th ... read full comment
Adongo are you the communication officer of Bank of Ghana? Are board members allowed to sit on radio to enact policy? Who says that once a customer deposits his own money into his bank account a loud mouth idiot can change the terms of his relationship with his bank? Do you know the legal problems that will emerge out of this nonsense? Where do the NDC get such misfits from? I’m not surprised Mahama decided not to give him a ministerial appointment. My suggestion is that he must be removed from Bank of Ghana. Useless character. Stop the brain dead nonsense. Gyimifuo ba. ABOAFUNU.
TWEAA DC 8 months ago
ADONGO SAYS THERE WILL BE EXCEMPTIONS....AND SAMMY GYAMFI IS A SPECIAL PRODUCT....MAHAMA'S SPECIAL BOY WILL BE ABLE TO WITHDRAW DOLLARS EVEN IF HE HAS NO DOLLAR ACCOUNT AND FLASH IT ARROUND AT FUNERALS...NO CHALLENGER...TWEA ... read full comment
ADONGO SAYS THERE WILL BE EXCEMPTIONS....AND SAMMY GYAMFI IS A SPECIAL PRODUCT....MAHAMA'S SPECIAL BOY WILL BE ABLE TO WITHDRAW DOLLARS EVEN IF HE HAS NO DOLLAR ACCOUNT AND FLASH IT ARROUND AT FUNERALS...NO CHALLENGER...TWEAA.
Jet 8 months ago
True. Why will a cedis country be doing transactions in dollars. Force everyone to use ghana cedis in ghana. No dollar payments within ghana. No one should charge for anyhting dollars in ghana. If u have dollars, spend it out ... read full comment
True. Why will a cedis country be doing transactions in dollars. Force everyone to use ghana cedis in ghana. No dollar payments within ghana. No one should charge for anyhting dollars in ghana. If u have dollars, spend it outside the country simple.
I just think they know the NPP has a stash of dollars.
BUT SHARING TAX PAYERS DOLLARS ON THE STREETS IS ALLOWED! 8 months ago
Go ask Sammy Gyamfi why he is dashing taxpayers dollars on the streets and come and tell me why I cannot withdraw my own dollars from the bank.
Go ask Sammy Gyamfi why he is dashing taxpayers dollars on the streets and come and tell me why I cannot withdraw my own dollars from the bank.
Sam 8 months ago
Atta Mills warned that no one should do any transaction in dollars but it didn't work.
Giving such directive is as important as implementing it.
Atta Mills warned that no one should do any transaction in dollars but it didn't work.
Giving such directive is as important as implementing it.
Kojo 8 months ago
These politicians when it comes to finance they treat people who have learned their money the hard way as if there are not Ghanaians!! That's how the other one thought that using pensioner's money was the way to go. Then they ... read full comment
These politicians when it comes to finance they treat people who have learned their money the hard way as if there are not Ghanaians!! That's how the other one thought that using pensioner's money was the way to go. Then they go and take their ex-gratia cool.
Wwwe 8 months ago
Animals FF ndc no's that only idiots and fools will b happy for parents paid BECE registration 500gh and received 18gh pad hmmm kwasiman
Animals FF ndc no's that only idiots and fools will b happy for parents paid BECE registration 500gh and received 18gh pad hmmm kwasiman
ABSOLUTE NONSENSE 8 months ago
You stupid politicians steal from us . What right do you have to stop me from accessing my dollar. I kept it there because my son will
Be traveling to America to study, that’s the money I’ll be sending him away with . I ... read full comment
You stupid politicians steal from us . What right do you have to stop me from accessing my dollar. I kept it there because my son will
Be traveling to America to study, that’s the money I’ll be sending him away with . I’ve been saving little by little to get something good in there for my good boy. You will give me cedi to give ti him to go to America? Adongo should go and sit at the bank himself and tell me he won’t give me my money. COWARD, you make stupid policies and you go sit at the bank of Ghana and leave the poor bankers to withstand the wrath of customers. Stupid politicians
Son of God 8 months ago
Are you sure you have read the full article? Mr Adongo said there are a few exception such as if you are going to spend the dollars abroad otherwise if you are spending the money in Ghana here you will be given the cedi equiv ... read full comment
Are you sure you have read the full article? Mr Adongo said there are a few exception such as if you are going to spend the dollars abroad otherwise if you are spending the money in Ghana here you will be given the cedi equivalent of your dollar withdrawal, you have a problem with that?
ABSOLUTE NONSENSE 8 months ago
Yea I have a problem with that , I’m not traveling anywhere , It’s my son who’s traveling in a few months. I won’t be able to prove I’m traveling because I have no travel arrangements but my son .
Yea I have a problem with that , I’m not traveling anywhere , It’s my son who’s traveling in a few months. I won’t be able to prove I’m traveling because I have no travel arrangements but my son .
Kofi Sromani 8 months ago
Stupid idiot; if you prove with all documents that your son is traveling, he will be given the money. Instead of making enquiries if you truly have a justification, you sit here on social media to write nonsense and insult pe ... read full comment
Stupid idiot; if you prove with all documents that your son is traveling, he will be given the money. Instead of making enquiries if you truly have a justification, you sit here on social media to write nonsense and insult people.
BOG fools 8 months ago
Foolish man . Then what’s the purpose of the policy. Someone has dollar to put in the bank and you think he can’t find a way to prove he is traveling to take his dollars. You and your Adongo are two big fools
Foolish man . Then what’s the purpose of the policy. Someone has dollar to put in the bank and you think he can’t find a way to prove he is traveling to take his dollars. You and your Adongo are two big fools
Kwadwo Afram Saka 8 months ago
Kofi Sromani you are a foolish illiterate. Do you know the relationship between banks and their customers. Go back to school and stop writing childish Ananse stories. You think social media awards certificates? Nkwaseasem. So ... read full comment
Kofi Sromani you are a foolish illiterate. Do you know the relationship between banks and their customers. Go back to school and stop writing childish Ananse stories. You think social media awards certificates? Nkwaseasem. Someone is talking about saving for their children’s future and a backward uncouth creature like you is attacking them. Just shut your beak and learn to think like a human being. Kwasiabi ba. Wo ho fiiiiiii.
Donkey fool 8 months ago
That's what these idiots did under Tekper. What was the results of that action that they are going to do the same? Communist idiots with no sense finance
That's what these idiots did under Tekper. What was the results of that action that they are going to do the same? Communist idiots with no sense finance
DeShawn 8 months ago
HEY, MR. @ABSOLUTE NONSENSE..!!!!! Why are you spewing out that "raw nonsense??" You are such a stupid man to be having a son. Maybe, your son should be taken away from you and "donated" to an orphanage where his future would ... read full comment
HEY, MR. @ABSOLUTE NONSENSE..!!!!! Why are you spewing out that "raw nonsense??" You are such a stupid man to be having a son. Maybe, your son should be taken away from you and "donated" to an orphanage where his future would be better. Mumu koose like you....!!!! Even when you are spewing that nonsense and you are being alerted, you continue to swim in your foolishness. All such idiots like you will also classify themselves as "fathers". Apuuuuuu taaaaahh................
Kofi Sromani 8 months ago
Don't mind him. He is either a dunderhead, or he is already prejudiced and just want to attack the NDC for no reason. Thry surely do not read, or they read and do not understand.
Don't mind him. He is either a dunderhead, or he is already prejudiced and just want to attack the NDC for no reason. Thry surely do not read, or they read and do not understand.
John 8 months ago
Where in America can you withdraw cedis? What nonsense is that? We sit in Ghana and we encourage another country money
Where in America can you withdraw cedis? What nonsense is that? We sit in Ghana and we encourage another country money
John 8 months ago
Go dmf live in America and chop dollar
Go dmf live in America and chop dollar
Nii 8 months ago
Even our airport use dollars for transactions.
Even our airport use dollars for transactions.
SACK SAMMY GYAMFI NOW 8 months ago
Yet sammy gyamfi has millions of dollars for gifts. Is sammy gyamfi now keeping the dollars in Ghana?
Yet sammy gyamfi has millions of dollars for gifts. Is sammy gyamfi now keeping the dollars in Ghana?
.mr amin 8 months ago
Well done adongo restrict the use of dollars internally, well than gold board do more we need a strong and a stable currency to boost our purchasing power to create jobs
Well done adongo restrict the use of dollars internally, well than gold board do more we need a strong and a stable currency to boost our purchasing power to create jobs
Nemesis 8 months ago
GYIMIGYIMIFUO. ANIMALS!
GYIMIGYIMIFUO. ANIMALS!
Kofi 8 months ago
Adongo should know, sitting on the Board of the Bank, that if there is undue restriction on legitimate need for withdrawal of forex for external transactions (not domestic) it would in the long run suppress the voluntary comm ... read full comment
Adongo should know, sitting on the Board of the Bank, that if there is undue restriction on legitimate need for withdrawal of forex for external transactions (not domestic) it would in the long run suppress the voluntary commitment to save in USD, which would not be good for the economy in the long run. Balancing short term measures against those of long term is important
.mr amin 8 months ago
Why are you withdrawing dollars from the counter? Unless for foreign transactions, this policy will stop the dollarization of our economy, we should know that a strong cedi means strong people with good purchasing power to dr ... read full comment
Why are you withdrawing dollars from the counter? Unless for foreign transactions, this policy will stop the dollarization of our economy, we should know that a strong cedi means strong people with good purchasing power to drive job creation well done BoG, well done goldbod
Kay 8 months ago
Wrong move
Wrong move
Jet 8 months ago
Good move. Ghana is a cedis country not a dollar country. Tell me us you can spend ghana cedis is the UK, US or whatever. U spend in the local currency. Ghana legal tender is not dollars so if u save in Dollars u will withdra ... read full comment
Good move. Ghana is a cedis country not a dollar country. Tell me us you can spend ghana cedis is the UK, US or whatever. U spend in the local currency. Ghana legal tender is not dollars so if u save in Dollars u will withdraw cedis locally. But u can withdraw dollars outside the country. I love the new team. Make the cedis strong
Pelicles. 8 months ago
NDC never ceases to amaze some of us. With our local currency, the cedi, why should a foreign currency be used side-by-side with our local cedi? This stupidity can only happen in Ghana and nowhere else. Go to the US and see i ... read full comment
NDC never ceases to amaze some of us. With our local currency, the cedi, why should a foreign currency be used side-by-side with our local cedi? This stupidity can only happen in Ghana and nowhere else. Go to the US and see if you can use any currency other than their "Dollar"?
Kwadwo Afram Saka 8 months ago
Village boy asking a typical village question. What do you mean by can anyone spend other currencies in America. KURASENI asking nkurasifuo questions.
Village boy asking a typical village question. What do you mean by can anyone spend other currencies in America. KURASENI asking nkurasifuo questions.
Pelicles. 8 months ago
A feral fool. A village and a town or city, which came first?
A feral fool. A village and a town or city, which came first?
Stone 8 months ago
So how's agradaa going to get some more?. It's going to be hard dam...concert party country.
So how's agradaa going to get some more?. It's going to be hard dam...concert party country.
Slycom 8 months ago
Ghanaweb.....correction
Board Member of Bank of Ghana.
Not Ghana of Ghana !!!
Ghanaweb.....correction
Board Member of Bank of Ghana.
Not Ghana of Ghana !!!
Kwame 8 months ago
This is not the first time this is happening. I believe there was a good reason why it was stopped. Bank of Ghana should look at this carefully.
This is not the first time this is happening. I believe there was a good reason why it was stopped. Bank of Ghana should look at this carefully.
K 8 months ago
This news has the tendency to increase the price of the dollar in the short term as people may rush to purchase some at the Forex bureau or quickly withdraw while there is time. Such information should be well managed.
This news has the tendency to increase the price of the dollar in the short term as people may rush to purchase some at the Forex bureau or quickly withdraw while there is time. Such information should be well managed.
Jet 8 months ago
That will just make the cedis stronger. Cos the dollar will just be everywhere. To spend it u need to change it to cedis. Simple. If u all withdraw ur dollars there will be plenty I. The system. The more there is the less va ... read full comment
That will just make the cedis stronger. Cos the dollar will just be everywhere. To spend it u need to change it to cedis. Simple. If u all withdraw ur dollars there will be plenty I. The system. The more there is the less valuable remember??
K 8 months ago
Unfortunately Jet, you turned the economics upside down - rather, if people rush to buy dollars at the Forex bureaus or rush to withdraw their dollar savings, there will be higher demand for the dollar (i.e. cedis chasing do ... read full comment
Unfortunately Jet, you turned the economics upside down - rather, if people rush to buy dollars at the Forex bureaus or rush to withdraw their dollar savings, there will be higher demand for the dollar (i.e. cedis chasing dollars) which will cause the dollar to rise again (at least per the rules of demand and supply). I must say that the move will be good in the long run, however it shouldn't be news at this time that the cedis is making such good gains. Currently, people are still bringing their dollars out to get cedis (more supply of dollars chasing cedis means lower prices for the dollars and higher demand and price for the cedis).
That's how the rules of demand and supply work.
Christmas for black market 8 months ago
So you might as well close the forex bureaus and we head back to the old black market. I for one don’t know how to keep cedis I only keep dollars. Dollar remains the same anytime more or less . As for cedis things can chang ... read full comment
So you might as well close the forex bureaus and we head back to the old black market. I for one don’t know how to keep cedis I only keep dollars. Dollar remains the same anytime more or less . As for cedis things can change fast . I will keep cedis in a couple of years when I know it is not shaking.
It doesn’t make sense at all what this man is talking about. I put my dollars into your trust to keep them for me and charge me for safe keeping my money. Now you are telling me you will not give me my money back ? This talk can have a run on the banks a disaster for banking.
Jet 8 months ago
U are all the reason we are where we are. I agree. If u save dollars u reap cedis. So keep it there and see.
U are all the reason we are where we are. I agree. If u save dollars u reap cedis. So keep it there and see.
Citizen8 8 months ago
Adongo, are you the Head of Public Relations of the Bank of Ghana? Leave announcements like this to Bank of Ghana to handle, please. It appears you talk too much.
Adongo, are you the Head of Public Relations of the Bank of Ghana? Leave announcements like this to Bank of Ghana to handle, please. It appears you talk too much.
Now Now 8 months ago
Adongo
Please leave your booklong
Don't bring in ANY confusion to disturb the cedi gains
If he brings dollars and you insist you will not give him back dollars
Which fool will continue to bring the dollars
Allow the fo ... read full comment
Adongo
Please leave your booklong
Don't bring in ANY confusion to disturb the cedi gains
If he brings dollars and you insist you will not give him back dollars
Which fool will continue to bring the dollars
Allow the foreign currency accounts to operate the way they are meant to
ABUSUAPANIN KWAKU PE BIRIBI ADIA WUO 8 months ago
Why did it take our authorities so long ti block the leakage of dollars from the system? This simple policy, if enforced, will stabilize the cedi. Bravo!!
Why did it take our authorities so long ti block the leakage of dollars from the system? This simple policy, if enforced, will stabilize the cedi. Bravo!!
THIS POLICY FAILED BEFORE.........IT WILL AGAIN 8 months ago
NOBODY WILL DEPOSIT DOLLARS AT THE BANK AGAIN AND SOME OF US WITH DOLLAR ACCOUNT OUTSIDE GHANA WILL NO LONGER MOVE THE DOLLAR BACK TO GHANA.
NOBODY WILL DEPOSIT DOLLARS AT THE BANK AGAIN AND SOME OF US WITH DOLLAR ACCOUNT OUTSIDE GHANA WILL NO LONGER MOVE THE DOLLAR BACK TO GHANA.
AB 8 months ago
Simplicita. Implement this kind of policy and significantly reduce diaspora remittances and $ deposits. This will reduce $ supply, encourage $ hoarding. We all know what the consequence is!
Announcement of policy is an ope ... read full comment
Simplicita. Implement this kind of policy and significantly reduce diaspora remittances and $ deposits. This will reduce $ supply, encourage $ hoarding. We all know what the consequence is!
Announcement of policy is an operational decision and should not be announced by a Board Member.
Incompetent fools 8 months ago
They didn't learn from their last fiasco under Tekpe
They didn't learn from their last fiasco under Tekpe
No Nonsense Man 8 months ago
This is why Dr. Bawumia is no match for Adongo in economics. This is perhaps the Bob's third board meeting and fantastic economic decisions are being taken. Only God can tell the level of the Cedi appreciation by the end of 2 ... read full comment
This is why Dr. Bawumia is no match for Adongo in economics. This is perhaps the Bob's third board meeting and fantastic economic decisions are being taken. Only God can tell the level of the Cedi appreciation by the end of 2028.
BUT SHARING TAX PAYERS DOLLARS ON THE STREETS IS ALLOWED! 8 months ago
Nkwaseasem. Withdrawing my own dollars over the counter is not allowed. But sharing taxpayers dollars on the streets is allowed.
Adongo wrong timing for this announcement. Its shooting oneself in the foot. LOL!
Nkwaseasem. Withdrawing my own dollars over the counter is not allowed. But sharing taxpayers dollars on the streets is allowed.
Adongo wrong timing for this announcement. Its shooting oneself in the foot. LOL!
Kwabena Dickson 8 months ago
I don't know why this should turn into insult among citizens. In fact if you go to most countries as a visitor, you can only change your Dollar with a money changer or they'll tell you go to the Bank. Even in some African cou ... read full comment
I don't know why this should turn into insult among citizens. In fact if you go to most countries as a visitor, you can only change your Dollar with a money changer or they'll tell you go to the Bank. Even in some African countries. But our country Ghana, Even my grandmother can also sell something to you in US Dollars. Lands are now sold in US dollars, Estate Houses are sold in US Dollars. I received salary in Dollars but if such measures will bring sanity into our economy, why not. Please let us all think about Ghana because if our country is good we shall all be proud of it. An example is Singapore. The country is good and beautiful but its citizens don't fancy US Dollar likewise Australia.
Fox leg 8 months ago
Today my Email and my phone has break Olympic records as certain morons stinking fools attempt to hackers Email and phone.If you admit to be stinking fool then continue to hack my email and phone.Morons
Today my Email and my phone has break Olympic records as certain morons stinking fools attempt to hackers Email and phone.If you admit to be stinking fool then continue to hack my email and phone.Morons
Jubilee House Rat. 8 months ago
Atinga Frafra, does not know what a horse he’s talking about.
Atinga Frafra, does not know what a horse he’s talking about.
Obibs 8 months ago
Is it any wonder people hide their foreign exchange money under their beds ?
Is it any wonder people hide their foreign exchange money under their beds ?
Tweaa 8 months ago
GOOD NEWS FOR BLACK MARKET OPERATORS. YAWIE
GOOD NEWS FOR BLACK MARKET OPERATORS. YAWIE
Shameful 8 months ago
They are bringing back this stupid forex policy
They are bringing back this stupid forex policy
ADONGO WHERE IS THE GOVERNOR? 8 months ago
Please Adongo Bank of Ghana monetary policies must be communicated by the Governor himself or his deputies acting under his instructions. Who instructed Adomgo to make such sensitive statements on Gank of Ghana's behalf. So t ... read full comment
Please Adongo Bank of Ghana monetary policies must be communicated by the Governor himself or his deputies acting under his instructions. Who instructed Adomgo to make such sensitive statements on Gank of Ghana's behalf. So then why should Ghanaians put their dollars in the Bank?
SANTROFIE 8 months ago
NONSENSE!!!
NONSENSE!!!
JB 8 months ago
Nonsense. I deposit dollars and you insist I cannot get my dollars back? Then why don't ban dollar accounts in Ghana then?
Nonsense. I deposit dollars and you insist I cannot get my dollars back? Then why don't ban dollar accounts in Ghana then?
Henrietta 8 months ago
How about those selling properties in dollars in Ghana, they should really work on that too.Thank you.
How about those selling properties in dollars in Ghana, they should really work on that too.Thank you.
Dan 8 months ago
Yeap who ever needs dollar should go to Sammy Gyemfi
Yeap who ever needs dollar should go to Sammy Gyemfi
Good governance 8 months ago
Thus is how is done in every devolop country. You can not withdraw dollars from any country banks in Europe just like that as is done in many African countries.In Ghana today everything is in dollars instead of cedis even s ... read full comment
Thus is how is done in every devolop country. You can not withdraw dollars from any country banks in Europe just like that as is done in many African countries.In Ghana today everything is in dollars instead of cedis even some hotels , private schools and many investments are in dollars.
Sam 8 months ago
I hope you are not going do the Npp way where minister's and some people close the government will be hiding the money in their homes like madam CP did.
I hope you are not going do the Npp way where minister's and some people close the government will be hiding the money in their homes like madam CP did.
Born again 8 months ago
Goatee
Goatee
GAKPO 8 months ago
And the house's at East legon,Airport, Cantonment etc which are been sold in Dollars. What is he doing about it? Talk is cheap..Close all Dollar account and open ways for black market.
And the house's at East legon,Airport, Cantonment etc which are been sold in Dollars. What is he doing about it? Talk is cheap..Close all Dollar account and open ways for black market.
Bro kwesi 8 months ago
This man will give bank of Ghana problems peewhhhh
This man will give bank of Ghana problems peewhhhh
Kwaku. 8 months ago
Mr. Adongo; with all due respect, your understanding of the role of the dollar is too narrow for the good of the national economy at this point in time. Millions of Ghanaians overseas and their local relatives acquire dollars ... read full comment
Mr. Adongo; with all due respect, your understanding of the role of the dollar is too narrow for the good of the national economy at this point in time. Millions of Ghanaians overseas and their local relatives acquire dollars everyday. You declare war on their dollars so we all hoard our dollars at home. Why not think other ways of gaining access to our dollars? Why fight us? THINK. The global system will ensure you lose. Unfortunately.
MOG 8 months ago
Adongo you are too chatty. You will cause panic withdrawal. Who sent you to come and spew this Nonsense.
The government should get ready for a lot of law suits.
Hypocrites and parasites!!
Adongo you are too chatty. You will cause panic withdrawal. Who sent you to come and spew this Nonsense.
The government should get ready for a lot of law suits.
Hypocrites and parasites!!
Agbalagba 8 months ago
Nobody will ever control my access to my own money
Nobody will ever control my access to my own money
TonyB 8 months ago
That is a good decision The dollar is not legal render in Ghana
That is a good decision The dollar is not legal render in Ghana
Edward 8 months ago
We are back to square one. So this government too is hell bent on stealing depositors US dollars? The reason people are encouraged to deposit hard USD is that the government wants to blot dollars from the markets and keep the ... read full comment
We are back to square one. So this government too is hell bent on stealing depositors US dollars? The reason people are encouraged to deposit hard USD is that the government wants to blot dollars from the markets and keep the banks liquidity holdings high instead of individuals keeping these at home. Then all of a sudden government realizes it has to steal the dollars and give them cedis upon withdrawal on their own exchange rate terms.
Now who is going to deposit USD into their accounts again?
Government is now going to direct forex trade traffic into the black markets where we will all be going. And I bet you the black market trade is going to boom.
When Ken Ofori Atta wanted to clamp down on black marketeers was it not this same Adongo and our NDC that lambasted him and he had to stop?
I am now convinced that the cedis appreciation has nothing to do with any policy initiatives of the BOG.
Rather I believe that payments have not been made to contractors and energy debts are not paid.
One thieving government has replaced another.
Let customers start boycotting the banks. It is useless to have confidence in the banking sector. Governments steal our monies and the banks are too weak to protect customers. The banks have become enablers.
We will not sent our cash to banks anymore
Smelling Adongo must steal what his fellow appointees send to the banks.
Now they have taken so much dollars to hoard, the reason their appointees like Samuel Gyamfi can flaunt dollars on such a scale
12345 8 months ago
fear and panic, nothing more nothing less. the banks claim they haven't received any such directive so what is the Bongo Adam smith sayinig?
fear and panic, nothing more nothing less. the banks claim they haven't received any such directive so what is the Bongo Adam smith sayinig?
Zionism is racism 8 months ago
This measure is likely to discourage people from putting dollars in Ghana banks.
This measure is likely to discourage people from putting dollars in Ghana banks.
Erik 8 months ago
This is insane. How can i be prevented from assessing my own money which I've saved from my bank. If it's to curtail the forex to the black market then what the ought to do is totally ban all transactions in forex in the coun ... read full comment
This is insane. How can i be prevented from assessing my own money which I've saved from my bank. If it's to curtail the forex to the black market then what the ought to do is totally ban all transactions in forex in the country. A plot of land is quoted in dollars in Accra and is not illigal . Put a total ban on all forex transactions in Ghana then will go to black market for dollars.
Kwame 8 months ago
Then you will find more dollars in Cecilia Dapah's room
Then you will find more dollars in Cecilia Dapah's room
Roce Koran 8 months ago
Adongo, Pls stop this nonsense, if anything let BOG say it with explanations. NDC did this in 2014 and it backfired. BOG reversed it in 2016 and Bawuliar took credit for it. Politicians don't learn be true talk
Adongo, Pls stop this nonsense, if anything let BOG say it with explanations. NDC did this in 2014 and it backfired. BOG reversed it in 2016 and Bawuliar took credit for it. Politicians don't learn be true talk
Why the government use dollar rate to charge duties at Tema port 8 months ago
Why the government use dollar rate to charge duties at Tema port?
Why politicians keep their money in dollars?
Why politicians always seek medical treatment abroad?
Why politicians invest in abroad
Why politicians send t ... read full comment
Why the government use dollar rate to charge duties at Tema port?
Why politicians keep their money in dollars?
Why politicians always seek medical treatment abroad?
Why politicians invest in abroad
Why politicians send their kids abroad to school
If leadership enjoy everything abroad what do you expect the society will not use abroad currency.
People must be wise don't follow these evil politicians you will be poor and useless in the system . They are liars and deceivers
AMARIYA 8 months ago
TIME TO OPEN FOREIGN ACCOUNTS IN LOME
Sometime ago, Lome was a place for some people to open and save foreign currency because it was difficult to obtain the same funds from A Ghana accounts. We would enrich the The Togole ... read full comment
TIME TO OPEN FOREIGN ACCOUNTS IN LOME
Sometime ago, Lome was a place for some people to open and save foreign currency because it was difficult to obtain the same funds from A Ghana accounts. We would enrich the The Togolese again.
Kwadwo 8 months ago
Stop the nonsense. You don't speak for BOG, you are only a Board member
Stop the nonsense. You don't speak for BOG, you are only a Board member
Obi 8 months ago
You are telling us to keep our dollars at home instead of the bank. In the long run, who will suffer.? The star right
You are telling us to keep our dollars at home instead of the bank. In the long run, who will suffer.? The star right
Osei 8 months ago
You are out there floating in dollars, Sammy Gyamfi eating and sleeping in dollars, but you come out here to tell us not to use dollars, moy3 mmoa
You are out there floating in dollars, Sammy Gyamfi eating and sleeping in dollars, but you come out here to tell us not to use dollars, moy3 mmoa
Obuobisa 8 months ago
I strongly believe the president has a very good reason why he didn't appoint this guy to any ministerial position. He's a loose cannon.
I strongly believe the president has a very good reason why he didn't appoint this guy to any ministerial position. He's a loose cannon.
Jd 8 months ago
Well said
Well said
Jd 8 months ago
The value is the same
The value is the same
Abrefa 8 months ago
Adongo, you stuck your foot right inside your mouth. Don't try to angle for relevance as a BOG Board member.
Adongo, you stuck your foot right inside your mouth. Don't try to angle for relevance as a BOG Board member.
Sycamore 8 months ago
If i was hon. Adongo i would've slapped the hell outta that npp communicator calling himself a journalist Evans Mensah or simply just walk out. What's that is Evans a journalist or a propagandist?
If i was hon. Adongo i would've slapped the hell outta that npp communicator calling himself a journalist Evans Mensah or simply just walk out. What's that is Evans a journalist or a propagandist?
Kennedy and Brian? 8 months ago
You are a stupid finance man
Mahama did this before after the senkyi stupid economic dialogue
What was the result?
Do you want to cease our hard earned dollars and euros in our various bank accounts?
You are a stupid finance man
Mahama did this before after the senkyi stupid economic dialogue
What was the result?
Do you want to cease our hard earned dollars and euros in our various bank accounts?
Hannan 8 months ago
~~~~~ Hot girls are waiting for you on ~~ Fun4.top
~~~~~ Hot girls are waiting for you on ~~ Fun4.top
ODS-USA 8 months ago
Foolish talk saaaa, so what about if I decide not deposit my dollars or foreign currencies with any Ghanaian bank and keep them in my safe so that I can use it whenever I need it? It's my own money and I have every right to u ... read full comment
Foolish talk saaaa, so what about if I decide not deposit my dollars or foreign currencies with any Ghanaian bank and keep them in my safe so that I can use it whenever I need it? It's my own money and I have every right to use it whenever I need it. These kind of foolish talks will soon drag the cedi on tenterhooks
Nana osei 8 months ago
Adongo,Are you reasoning?I gave you a cattle to keep for me. You agreed and said anytime I need my cattle you will give me.Now Adongo says instead of cattle I will give you goat
Adongo,Are you reasoning?I gave you a cattle to keep for me. You agreed and said anytime I need my cattle you will give me.Now Adongo says instead of cattle I will give you goat
Joshua 8 months ago
NONSENSE
NONSENSE
Okonengye Kingsley 8 months ago
A liar . Isack Adongo is not credible one beat.
Loot at his face.
A liar . Isack Adongo is not credible one beat.
Loot at his face.
Efo Kofi 8 months ago
Kwasiaa you talk by heart
Kwasiaa you talk by heart
Kpleke 8 months ago
Thank you very much Adongo. You've let us see the evil this gov was up to. We'd have woken up one day to this rude shock in the banks: the dollars you sent to them over the counter, you can't get it back over the counter.
A ... read full comment
Thank you very much Adongo. You've let us see the evil this gov was up to. We'd have woken up one day to this rude shock in the banks: the dollars you sent to them over the counter, you can't get it back over the counter.
Adongo, God bless you for running your mouth. It's working for our good. Now we know the thoughts Matilda Asante's squad have for Gh. Asɛm bɛba dab.i
Zantona 8 months ago
Now BOG is doing fire fighting, claiming no such plan was on the offing. Now we know the 'apam' BOG was 'paamming'. Onyame ahu mo oooo. Your butt is exposed, mo to ada hɔ
Now BOG is doing fire fighting, claiming no such plan was on the offing. Now we know the 'apam' BOG was 'paamming'. Onyame ahu mo oooo. Your butt is exposed, mo to ada hɔ
Kwame 8 months ago
He spoke “by heart”. His actions caused a marginal gain by the dollar.
Government and BoG must sanction who to speak to the issue of the dollar before they start causing fear and panic.
He spoke “by heart”. His actions caused a marginal gain by the dollar.
Government and BoG must sanction who to speak to the issue of the dollar before they start causing fear and panic.
SAP 8 months ago
Adongo must be sick in his head to spue those nonsense. No normal human being will talk like he did. He possibly needs a psychiatrist. Maybe his inability to secure a ministerial appointment is making him crazy!
I think he ... read full comment
Adongo must be sick in his head to spue those nonsense. No normal human being will talk like he did. He possibly needs a psychiatrist. Maybe his inability to secure a ministerial appointment is making him crazy!
I think he is just running his mouth!
Fools. Confine your campaign to Bantama. Ghana has no need of your bush kingdom nonsense.
Let those foolish animals following the NPP know that... "aban papa aba..!!!!" The Russia-Ukraine war has even intensified, but we are now enjoying an unbelievable exchange rate stability under a responsible government. Ghana ...
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Then where’s our Sammy Gyamfi going to get his dollars to do show off
Exactly!!!
We told you so! The last economist are back? Taking everybody's dollars and sharing among themselves. They did same between 2013 and 2016. One had to write a love letter to their banks to redraw their own cash .
This will ...
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**lazy economist***
How can you lie like this? The governor has assured the nation that you are lying. How do you redeem your image?
Adongo are you the communication officer of Bank of Ghana? Are board members allowed to sit on radio to enact policy? Who says that once a customer deposits his own money into his bank account a loud mouth idiot can change th ...
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ADONGO SAYS THERE WILL BE EXCEMPTIONS....AND SAMMY GYAMFI IS A SPECIAL PRODUCT....MAHAMA'S SPECIAL BOY WILL BE ABLE TO WITHDRAW DOLLARS EVEN IF HE HAS NO DOLLAR ACCOUNT AND FLASH IT ARROUND AT FUNERALS...NO CHALLENGER...TWEA ...
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True. Why will a cedis country be doing transactions in dollars. Force everyone to use ghana cedis in ghana. No dollar payments within ghana. No one should charge for anyhting dollars in ghana. If u have dollars, spend it out ...
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Go ask Sammy Gyamfi why he is dashing taxpayers dollars on the streets and come and tell me why I cannot withdraw my own dollars from the bank.
Atta Mills warned that no one should do any transaction in dollars but it didn't work.
Giving such directive is as important as implementing it.
These politicians when it comes to finance they treat people who have learned their money the hard way as if there are not Ghanaians!! That's how the other one thought that using pensioner's money was the way to go. Then they ...
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Animals FF ndc no's that only idiots and fools will b happy for parents paid BECE registration 500gh and received 18gh pad hmmm kwasiman
You stupid politicians steal from us . What right do you have to stop me from accessing my dollar. I kept it there because my son will
Be traveling to America to study, that’s the money I’ll be sending him away with . I ...
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Are you sure you have read the full article? Mr Adongo said there are a few exception such as if you are going to spend the dollars abroad otherwise if you are spending the money in Ghana here you will be given the cedi equiv ...
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Yea I have a problem with that , I’m not traveling anywhere , It’s my son who’s traveling in a few months. I won’t be able to prove I’m traveling because I have no travel arrangements but my son .
Stupid idiot; if you prove with all documents that your son is traveling, he will be given the money. Instead of making enquiries if you truly have a justification, you sit here on social media to write nonsense and insult pe ...
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Foolish man . Then what’s the purpose of the policy. Someone has dollar to put in the bank and you think he can’t find a way to prove he is traveling to take his dollars. You and your Adongo are two big fools
Kofi Sromani you are a foolish illiterate. Do you know the relationship between banks and their customers. Go back to school and stop writing childish Ananse stories. You think social media awards certificates? Nkwaseasem. So ...
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That's what these idiots did under Tekper. What was the results of that action that they are going to do the same? Communist idiots with no sense finance
HEY, MR. @ABSOLUTE NONSENSE..!!!!! Why are you spewing out that "raw nonsense??" You are such a stupid man to be having a son. Maybe, your son should be taken away from you and "donated" to an orphanage where his future would ...
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Don't mind him. He is either a dunderhead, or he is already prejudiced and just want to attack the NDC for no reason. Thry surely do not read, or they read and do not understand.
Where in America can you withdraw cedis? What nonsense is that? We sit in Ghana and we encourage another country money
Go dmf live in America and chop dollar
Even our airport use dollars for transactions.
Yet sammy gyamfi has millions of dollars for gifts. Is sammy gyamfi now keeping the dollars in Ghana?
Well done adongo restrict the use of dollars internally, well than gold board do more we need a strong and a stable currency to boost our purchasing power to create jobs
GYIMIGYIMIFUO. ANIMALS!
Adongo should know, sitting on the Board of the Bank, that if there is undue restriction on legitimate need for withdrawal of forex for external transactions (not domestic) it would in the long run suppress the voluntary comm ...
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Why are you withdrawing dollars from the counter? Unless for foreign transactions, this policy will stop the dollarization of our economy, we should know that a strong cedi means strong people with good purchasing power to dr ...
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Wrong move
Good move. Ghana is a cedis country not a dollar country. Tell me us you can spend ghana cedis is the UK, US or whatever. U spend in the local currency. Ghana legal tender is not dollars so if u save in Dollars u will withdra ...
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NDC never ceases to amaze some of us. With our local currency, the cedi, why should a foreign currency be used side-by-side with our local cedi? This stupidity can only happen in Ghana and nowhere else. Go to the US and see i ...
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Village boy asking a typical village question. What do you mean by can anyone spend other currencies in America. KURASENI asking nkurasifuo questions.
A feral fool. A village and a town or city, which came first?
So how's agradaa going to get some more?. It's going to be hard dam...concert party country.
Ghanaweb.....correction
Board Member of Bank of Ghana.
Not Ghana of Ghana !!!
This is not the first time this is happening. I believe there was a good reason why it was stopped. Bank of Ghana should look at this carefully.
This news has the tendency to increase the price of the dollar in the short term as people may rush to purchase some at the Forex bureau or quickly withdraw while there is time. Such information should be well managed.
That will just make the cedis stronger. Cos the dollar will just be everywhere. To spend it u need to change it to cedis. Simple. If u all withdraw ur dollars there will be plenty I. The system. The more there is the less va ...
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Unfortunately Jet, you turned the economics upside down - rather, if people rush to buy dollars at the Forex bureaus or rush to withdraw their dollar savings, there will be higher demand for the dollar (i.e. cedis chasing do ...
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So you might as well close the forex bureaus and we head back to the old black market. I for one don’t know how to keep cedis I only keep dollars. Dollar remains the same anytime more or less . As for cedis things can chang ...
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U are all the reason we are where we are. I agree. If u save dollars u reap cedis. So keep it there and see.
Adongo, are you the Head of Public Relations of the Bank of Ghana? Leave announcements like this to Bank of Ghana to handle, please. It appears you talk too much.
Adongo
Please leave your booklong
Don't bring in ANY confusion to disturb the cedi gains
If he brings dollars and you insist you will not give him back dollars
Which fool will continue to bring the dollars
Allow the fo ...
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Why did it take our authorities so long ti block the leakage of dollars from the system? This simple policy, if enforced, will stabilize the cedi. Bravo!!
NOBODY WILL DEPOSIT DOLLARS AT THE BANK AGAIN AND SOME OF US WITH DOLLAR ACCOUNT OUTSIDE GHANA WILL NO LONGER MOVE THE DOLLAR BACK TO GHANA.
Simplicita. Implement this kind of policy and significantly reduce diaspora remittances and $ deposits. This will reduce $ supply, encourage $ hoarding. We all know what the consequence is!
Announcement of policy is an ope ...
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They didn't learn from their last fiasco under Tekpe
This is why Dr. Bawumia is no match for Adongo in economics. This is perhaps the Bob's third board meeting and fantastic economic decisions are being taken. Only God can tell the level of the Cedi appreciation by the end of 2 ...
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Nkwaseasem. Withdrawing my own dollars over the counter is not allowed. But sharing taxpayers dollars on the streets is allowed.
Adongo wrong timing for this announcement. Its shooting oneself in the foot. LOL!
I don't know why this should turn into insult among citizens. In fact if you go to most countries as a visitor, you can only change your Dollar with a money changer or they'll tell you go to the Bank. Even in some African cou ...
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Today my Email and my phone has break Olympic records as certain morons stinking fools attempt to hackers Email and phone.If you admit to be stinking fool then continue to hack my email and phone.Morons
Atinga Frafra, does not know what a horse he’s talking about.
Is it any wonder people hide their foreign exchange money under their beds ?
GOOD NEWS FOR BLACK MARKET OPERATORS. YAWIE
They are bringing back this stupid forex policy
Please Adongo Bank of Ghana monetary policies must be communicated by the Governor himself or his deputies acting under his instructions. Who instructed Adomgo to make such sensitive statements on Gank of Ghana's behalf. So t ...
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NONSENSE!!!
Nonsense. I deposit dollars and you insist I cannot get my dollars back? Then why don't ban dollar accounts in Ghana then?
How about those selling properties in dollars in Ghana, they should really work on that too.Thank you.
Yeap who ever needs dollar should go to Sammy Gyemfi
Thus is how is done in every devolop country. You can not withdraw dollars from any country banks in Europe just like that as is done in many African countries.In Ghana today everything is in dollars instead of cedis even s ...
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I hope you are not going do the Npp way where minister's and some people close the government will be hiding the money in their homes like madam CP did.
Goatee
And the house's at East legon,Airport, Cantonment etc which are been sold in Dollars. What is he doing about it? Talk is cheap..Close all Dollar account and open ways for black market.
This man will give bank of Ghana problems peewhhhh
Mr. Adongo; with all due respect, your understanding of the role of the dollar is too narrow for the good of the national economy at this point in time. Millions of Ghanaians overseas and their local relatives acquire dollars ...
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Adongo you are too chatty. You will cause panic withdrawal. Who sent you to come and spew this Nonsense.
The government should get ready for a lot of law suits.
Hypocrites and parasites!!
Nobody will ever control my access to my own money
That is a good decision The dollar is not legal render in Ghana
We are back to square one. So this government too is hell bent on stealing depositors US dollars? The reason people are encouraged to deposit hard USD is that the government wants to blot dollars from the markets and keep the ...
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fear and panic, nothing more nothing less. the banks claim they haven't received any such directive so what is the Bongo Adam smith sayinig?
This measure is likely to discourage people from putting dollars in Ghana banks.
This is insane. How can i be prevented from assessing my own money which I've saved from my bank. If it's to curtail the forex to the black market then what the ought to do is totally ban all transactions in forex in the coun ...
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Then you will find more dollars in Cecilia Dapah's room
Adongo, Pls stop this nonsense, if anything let BOG say it with explanations. NDC did this in 2014 and it backfired. BOG reversed it in 2016 and Bawuliar took credit for it. Politicians don't learn be true talk
Why the government use dollar rate to charge duties at Tema port?
Why politicians keep their money in dollars?
Why politicians always seek medical treatment abroad?
Why politicians invest in abroad
Why politicians send t ...
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TIME TO OPEN FOREIGN ACCOUNTS IN LOME
Sometime ago, Lome was a place for some people to open and save foreign currency because it was difficult to obtain the same funds from A Ghana accounts. We would enrich the The Togole ...
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Stop the nonsense. You don't speak for BOG, you are only a Board member
You are telling us to keep our dollars at home instead of the bank. In the long run, who will suffer.? The star right
You are out there floating in dollars, Sammy Gyamfi eating and sleeping in dollars, but you come out here to tell us not to use dollars, moy3 mmoa
I strongly believe the president has a very good reason why he didn't appoint this guy to any ministerial position. He's a loose cannon.
Well said
The value is the same
Adongo, you stuck your foot right inside your mouth. Don't try to angle for relevance as a BOG Board member.
If i was hon. Adongo i would've slapped the hell outta that npp communicator calling himself a journalist Evans Mensah or simply just walk out. What's that is Evans a journalist or a propagandist?
You are a stupid finance man
Mahama did this before after the senkyi stupid economic dialogue
What was the result?
Do you want to cease our hard earned dollars and euros in our various bank accounts?
~~~~~ Hot girls are waiting for you on ~~ Fun4.top
Foolish talk saaaa, so what about if I decide not deposit my dollars or foreign currencies with any Ghanaian bank and keep them in my safe so that I can use it whenever I need it? It's my own money and I have every right to u ...
read full comment
Adongo,Are you reasoning?I gave you a cattle to keep for me. You agreed and said anytime I need my cattle you will give me.Now Adongo says instead of cattle I will give you goat
NONSENSE
A liar . Isack Adongo is not credible one beat.
Loot at his face.
Kwasiaa you talk by heart
Thank you very much Adongo. You've let us see the evil this gov was up to. We'd have woken up one day to this rude shock in the banks: the dollars you sent to them over the counter, you can't get it back over the counter.
A ...
read full comment
Now BOG is doing fire fighting, claiming no such plan was on the offing. Now we know the 'apam' BOG was 'paamming'. Onyame ahu mo oooo. Your butt is exposed, mo to ada hɔ
He spoke “by heart”. His actions caused a marginal gain by the dollar.
Government and BoG must sanction who to speak to the issue of the dollar before they start causing fear and panic.
Adongo must be sick in his head to spue those nonsense. No normal human being will talk like he did. He possibly needs a psychiatrist. Maybe his inability to secure a ministerial appointment is making him crazy!
I think he ...
read full comment
They are bringing back this stupid forex policy