Jesus Christ loves you and wants to save you from sin and its consequences. Vanity upon vanity—everything in this world is meaningless without Him. He died on the cross for your sins, was buried, and rose again on the third ... read full comment
Jesus Christ loves you and wants to save you from sin and its consequences. Vanity upon vanity—everything in this world is meaningless without Him. He died on the cross for your sins, was buried, and rose again on the third day. Believe in Him, accept His gift of forgiveness, and receive eternal life! (John 3:16).mdbdb
JAY,GA PEOPLE STAND UPP 10 months ago
WELL DONE BOG!!!THESE DIRTY STINKY NIGERIANS THINK THEY CAN DO WHAT THEY WANT IN GHANA.
WELL DONE BOG!!!THESE DIRTY STINKY NIGERIANS THINK THEY CAN DO WHAT THEY WANT IN GHANA.
Helen 10 months ago
Nigeria
Nigeria
Zyogote 10 months ago
Good one there.The banks giving the dollar to ABOTSI should follow suit
Good one there.The banks giving the dollar to ABOTSI should follow suit
Kojo 10 months ago
Suspension is not enough.. Fine them, else they will keep violating BOG FX directives
Suspension is not enough.. Fine them, else they will keep violating BOG FX directives
Kwaku 10 months ago
BOG FX directives makes zero sense. They shoud stop the nonsense
BOG FX directives makes zero sense. They shoud stop the nonsense
Kwame 10 months ago
If the suspension is to "close" FX leakages and ensure long term FX/GHS stable rates. I'm all for it.
I also agree with Kojo, they should be fined.
If the suspension is to "close" FX leakages and ensure long term FX/GHS stable rates. I'm all for it.
I also agree with Kojo, they should be fined.
Kwaku 10 months ago
Ask yourself why there are leakages in the first place. FX is based on the basic economics principles of demand and supply.
If demand is high or if supply is low, the black market thrives. It is that simple. Attempting to re ... read full comment
Ask yourself why there are leakages in the first place. FX is based on the basic economics principles of demand and supply.
If demand is high or if supply is low, the black market thrives. It is that simple. Attempting to regulate the dollar by subsidizing the cedi makes zero long term sense. Something the government is finding out now.
What shocks me is that the economists in the gov knows this basic principle very well. So they must have some ulterior motive for doing this.
Kwame 10 months ago
So what do you suggest the govt do to ensure staable FX/GHS rates?
So what do you suggest the govt do to ensure staable FX/GHS rates?
ninja 10 months ago
The government should allow momo merchants to deal in forex. Abotsi will collapse.
The government should allow momo merchants to deal in forex. Abotsi will collapse.
Bug 10 months ago
Greed is fuelling the DEMAND here, the banks are ready to supply e dollar transfer and wire for importers of essential goods not useless stuffs....
Greed is fuelling the DEMAND here, the banks are ready to supply e dollar transfer and wire for importers of essential goods not useless stuffs....
KWASI IN EUROPE 10 months ago
In fact, the NDC and the Bank of Ghana is run by fools. The exchange rate of 1 dollar= 10.30 cedis is a very stupid utopic dream. There are no dollars in the banks. Ghanaian importers get their dollars from the black marke ... read full comment
In fact, the NDC and the Bank of Ghana is run by fools. The exchange rate of 1 dollar= 10.30 cedis is a very stupid utopic dream. There are no dollars in the banks. Ghanaian importers get their dollars from the black market. The exchange rate is only on paper but not at the banks. Threatening and suspending licences should tell you your economic management is shambolic and only people with tiny brains will follow you. You can never control the exchange rate if you produce NOTHING in your country.
Divine 10 months ago
What's your interest in a poor performing Cedi?
Get out there with your foolishness and allow brains at BoG to run the show
What's your interest in a poor performing Cedi?
Get out there with your foolishness and allow brains at BoG to run the show
Yawa 10 months ago
The dollar issue is a demand and supply thing. Increase export earnings and let it outstrip imports and then we will have a stable forex regime. Beyond that, everything else of politics
The dollar issue is a demand and supply thing. Increase export earnings and let it outstrip imports and then we will have a stable forex regime. Beyond that, everything else of politics
AM 10 months ago
The suspension is not enough. Please, arrest the culprits and prosecute them.
The suspension is not enough. Please, arrest the culprits and prosecute them.
Bitter truth 10 months ago
As usual, bank of Ghana has allowed a criminal Nigerian bank to be committing fraudulent act..Tweakai I wonder how people even trust these fraudulent banks..like someone rightly said suspension is not enough, close it down if ... read full comment
As usual, bank of Ghana has allowed a criminal Nigerian bank to be committing fraudulent act..Tweakai I wonder how people even trust these fraudulent banks..like someone rightly said suspension is not enough, close it down if they refuse to follow regulations..nonsense in a country where we allow foreign criminals to do what they want
Nii 10 months ago
About time. UBA is meddling in illicit activities. Sanction a hefty fine to dissuade such crimes.
About time. UBA is meddling in illicit activities. Sanction a hefty fine to dissuade such crimes.
YEW 10 months ago
BoG should GO AFTER PRUDENTIAL BANK GHANA CROOKS AND OTHER LOCAL GHANA BANKSTERS AND CROOKS THAT ARE CHEATING PEOPLE GHANA AND MAKE IT HARD FOR FOLKS TO GET MONEY SENT TO THEM FROM OVERSEAS
BoG should GO AFTER PRUDENTIAL BANK GHANA CROOKS AND OTHER LOCAL GHANA BANKSTERS AND CROOKS THAT ARE CHEATING PEOPLE GHANA AND MAKE IT HARD FOR FOLKS TO GET MONEY SENT TO THEM FROM OVERSEAS
Jesus Christ loves you and wants to save you from sin and its consequences. Vanity upon vanity—everything in this world is meaningless without Him. He died on the cross for your sins, was buried, and rose again on the third ...
read full comment
WELL DONE BOG!!!THESE DIRTY STINKY NIGERIANS THINK THEY CAN DO WHAT THEY WANT IN GHANA.
Nigeria
Good one there.The banks giving the dollar to ABOTSI should follow suit
Suspension is not enough.. Fine them, else they will keep violating BOG FX directives
BOG FX directives makes zero sense. They shoud stop the nonsense
If the suspension is to "close" FX leakages and ensure long term FX/GHS stable rates. I'm all for it.
I also agree with Kojo, they should be fined.
Ask yourself why there are leakages in the first place. FX is based on the basic economics principles of demand and supply.
If demand is high or if supply is low, the black market thrives. It is that simple. Attempting to re ...
read full comment
So what do you suggest the govt do to ensure staable FX/GHS rates?
The government should allow momo merchants to deal in forex. Abotsi will collapse.
Greed is fuelling the DEMAND here, the banks are ready to supply e dollar transfer and wire for importers of essential goods not useless stuffs....
In fact, the NDC and the Bank of Ghana is run by fools. The exchange rate of 1 dollar= 10.30 cedis is a very stupid utopic dream. There are no dollars in the banks. Ghanaian importers get their dollars from the black marke ...
read full comment
What's your interest in a poor performing Cedi?
Get out there with your foolishness and allow brains at BoG to run the show
The dollar issue is a demand and supply thing. Increase export earnings and let it outstrip imports and then we will have a stable forex regime. Beyond that, everything else of politics
The suspension is not enough. Please, arrest the culprits and prosecute them.
As usual, bank of Ghana has allowed a criminal Nigerian bank to be committing fraudulent act..Tweakai I wonder how people even trust these fraudulent banks..like someone rightly said suspension is not enough, close it down if ...
read full comment
About time. UBA is meddling in illicit activities. Sanction a hefty fine to dissuade such crimes.
BoG should GO AFTER PRUDENTIAL BANK GHANA CROOKS AND OTHER LOCAL GHANA BANKSTERS AND CROOKS THAT ARE CHEATING PEOPLE GHANA AND MAKE IT HARD FOR FOLKS TO GET MONEY SENT TO THEM FROM OVERSEAS