Stop public advertisement of foreign exchange rates – BoG directs forex bureaus
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This article is closed for comments.
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Why too many forex bureaus in the country won't that give appetite to Ghanaians to buy the dollar and keep abolish the forex bureaus they are too many in the system
I agree 100% with BOG. May be open display of prices by fuel stations is the cause of persistent increase in fuel prices as well. Fuel stations should be banned from displaying prices. In fact supermarkets should also be bann ...
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Hahaha
You made my day, sir.
Dr. Addison and colleagues are just a bunch of highly educated idiots. Has he ever gone to the market to shop before?
One shitting place that got robbed opposite the police headquarters is responsible for hiking prices on ghanaweb for over 6 years , nobody is wise over this period!
THE DOLLAR RATE WILL BE KNOWN WHEN ONE ENTERS THE OFFICES, WHAT IS THE DIFFERENCE .THIS WILL NOT CHANGE ANYTHING. WHEN THE FOUNDAMENTALS ARE WEAK, THE FOLLAR RATE WILL EXPOSE YOU.
In developed countries, forex bureaus have bright electronic screens that update their rates in real time. Their govetnments are not the least concerned about that. Over there, the economy determines the rates you see on the ...
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Ask Joyfmonline, ghanaweb, citifmonline to stop publications of FX Rates as well
So the NPP government now wants to hide currency rates in the country. What a shame!!!
This directive/policy is dead on arrival. Policy yaa mu tu
Hahahahaha
Wen idiots are manning the affairs of ur nation.
Useless BoG this is long over due, where were you when it was going on,, in some countries is an offends to handle foriegn currencies you have to prove the reason
Instead of using that energy to stop institutions that charge their services in foreign currencies you are here giving non achievable policies… mtcheeew
Why not stop the illegal transfer of dollars through KIA on flights to Dubai, in particular.
These are desperate measures lol
Demand supply at work here .. we need to find ways to reduce demand if can't supply ..
1) Thought would start educating Ghanaians to patronize made in Ghana good as demand for foreign good a ...
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Imagine giving this idiots another 4 years in power.
Useless BoG and regulator. Kwasiaa4 buuluubuuluuu!!!
How could BoG show to the public any better that they are scared to death? Ever since I can think of using forex exchange offices they have displayed their rates. Saves me the need to ask what I already know, that's all.
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The BoG is suffering from inadequate brain functioning!
Enforce market discipline in the Forex Market has nothing to do with the display of an exchange rate! Display of exchange rates provides market transparency which will ...
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You are a wise man. Can I nominate you for next BOG Governor?
Yes oooo. Don't publish the rate in public. Write it in Bawumia's anus. That fool
Are these guys serious! Why not deal with the black market people? Or they have the dollars, now they even do transfer, BOG is pretending they are not seeing it.pretense nkoaa. You go to dubai you buy things in their dollars ...
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You all are bunch of dishonest intellectuals.close all forex b. and direct all those who want forex to go to the bamks
I think the so called Doctor Govenor of the Bank of Ghana is not worth his salt. It looks like he is square peg in a round hole. He does not seem to know what he is doing He needs to step down If he thinks not publicly adver ...
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Does, this effect stabilization of the useless Cedi? This is from the Governor of the Bank of Ghana Jokers. Thanks!!!
Force never works, it only promotes corruption. Just find an honest way to compete. The market will always determine the price.
I don't think the Governor of Bank of Ghana understands simple economics of Demand and Supply.
There's excessive demand on the cedi because Ministers and high ranking officials in the government and the party are busily buy ...
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SEE HOW THIS NPP BANK OF GHANA BOSS IS STOPPING THE FREEDOM OF MONETARY DEMOCRACY.THEY ARE ALL NPP MAFFIA
Nonsense deal with black markets Menace first they are the problem. Aside they not pay tax for the illegal business.
This is total rubbish. If one wants to know the exchange rate he/she simply will go to any Forex Bureau and check or ask before changing his/her dollar. Does it make any difference ?
You have just simply messed up the econom ...
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Brainless approach...empty minds
Addison is mad.
BANK OF GHANA WHY ARE YOU HIDING YOUR SHAME.
HAVE YOU FORGET WHEN YOU WERE BUILDING NEW OFFICE WHILE THE COUNTRY IS BROKE WHY ARE YOU COVERING YOUR BAD BEHAVIOUR IF NO ONE HAVE SEEN YOU GOD HAVE YOU CONTINUE TO LOOT AND SHAR ...
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Aba,we pay over GHC 100,000/month,aah, and this is all that we get.