Cedi fall: Check operations of Fintech companies holding remittances – Dr. Atuahene to government

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ELECTRIC FENCE INSTALLATION 1 year ago

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Hugh Hefner 1 year ago

Cecelia Dapaah and the ministers should release the foreign currencies that they are keeping in their bedrooms

Cecelia Dapaah and the ministers should release the foreign currencies that they are keeping in their bedrooms
Kramai 1 year ago

If ghana had not suspended paying it’s debt we could easily have seen a Zimbabwe or Venezuela

If ghana had not suspended paying it’s debt we could easily have seen a Zimbabwe or Venezuela
NANA NTOW 1 year ago

Foolish man , at this point in time if you will not mention names then shut up and cease and desist from creating unnecessary panic. You were with these people from beginning, you supported the unnecessary banking reforms the ...
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Foolish man , at this point in time if you will not mention names then shut up and cease and desist from creating unnecessary panic. You were with these people from beginning, you supported the unnecessary banking reforms them , let the media play you back. Just shut up , shut up for once
ScHoly 1 year ago

Very smart suggestion that should be pursued to the letter

Very smart suggestion that should be pursued to the letter
Farmer 1 year ago

Rubbish suggestion really. For the exchange rate it doesn't matter if BoG monopolizes forex trade or whether there are other, parallel grey markets.

The fintechs that are not bringing the USD, EUR, etc into the country sti ...
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Rubbish suggestion really. For the exchange rate it doesn't matter if BoG monopolizes forex trade or whether there are other, parallel grey markets.

The fintechs that are not bringing the USD, EUR, etc into the country still need to buy their supply of GHS for local payout somewhere, from somebody.

Now, it's above all corrupt politicians and their cronies who have the extra GHS they want out of the country in hard currency. They deliver the Cedis for payout and receive their foreign currency outside of Ghana in return.

It's a reverse type of money laundering, nobody can stop. Or even wants to. But these transactions still follow market rules, so resulting exchange rates are determined in the best way possible. These transactions make any attempted manipulation of the exchange rate via BoG less effective, but who says that's a bad thing?
mr amin 1 year ago

I agree it should be persuade our leaders are too soft about cedi depreciation it is killing and starving Ghanaians

I agree it should be persuade our leaders are too soft about cedi depreciation it is killing and starving Ghanaians
Yaaaa 1 year ago

Eiiiiii. Onim biribiara. Mr. Know all. And he said banks were allowed to hold T'bills above regulatory limits. Agyeiiiiiiiiiiiiii. Apor fiiiiiiii

Eiiiiii. Onim biribiara. Mr. Know all. And he said banks were allowed to hold T'bills above regulatory limits. Agyeiiiiiiiiiiiiii. Apor fiiiiiiii
Elephant Farmer 1 year ago

Your bill charged in foreign currency, pay it as early as you can. In the shortest possible time you pay with Cedis. If you have a Dollar account.

Your bill charged in foreign currency, pay it as early as you can. In the shortest possible time you pay with Cedis. If you have a Dollar account.
mr amin 1 year ago

Why too many forex shops in the country who are they to sell the foriegn currencies to? Abolish the forex ber. it gives appetite for people to buy them and keep

Why too many forex shops in the country who are they to sell the foriegn currencies to? Abolish the forex ber. it gives appetite for people to buy them and keep

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Cedi fall: Check operations of Fintech companies holding remittances – Dr. Atuahene to government

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