BoG sells $1 at GH¢10.40 on the interbank forex market

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Artificially fixed rate. How long can this go on? 4 months ago

Who are you deceiving? The banks receive money from bank of Ghanaand hoard it, leaving people with no choice but to go to the forex bureau to buy a dollar at 13 cedis.

Who are you deceiving? The banks receive money from bank of Ghanaand hoard it, leaving people with no choice but to go to the forex bureau to buy a dollar at 13 cedis.