. Banking insiders informed MyNewsGh.com on strict circumstance of anonymity that the Central Bank has issued a fiat in opposition to the outlet of recent overseas foreign money bills for people or even extra account for groups with out earlier written permission and approval received from the Central Bank.
An respectable launch with the aid of using the Bank of Ghana outlining measurss it changed into taking to arrest the loose fall of the Cedi did now no longer point out this specific measure.
MyNewsGh.com changed into informed the banks acquired the awareness in advance from the Central Bank and had been ordered to strictly comply.
There has been a upward thrust withinside the starting of Dollar and different forex bills with the aid of using folks who need to take gain of the weakening of the Cedi in opposition to the greenback and different principal international currencies during the last couple of months.
The Ghana Cedi has to this point dropped with the aid of using a whopping 47.10% in opposition to the United States greenback for the reason that begin of the year. Since January, the cedi has hastily depreciated in opposition to the United States greenback, making it the international’s second-worst appearing foreign money after the Sri Lankan rupee.
Also, Ghana’s inflation superior quicker than projected in July, because the price of the cedi fell, elevating the value of imported merchandise along with cooking oil and gasoline.
Some of the sooner measures the Bank of Ghana introduced has in large part been unnoticed with the aid of using the public.
For example, the Bank of Ghana government someday in the past stated using overseas currencies to transact groups withinside the united states, which include the pricing of products and services, could now no longer be permitted. To date, the exercise maintains unabated.
Also examine on my preceding post;
Media General’s Captain Smart changed into attacked with the aid of using armed robbers all through the weekends at Ada.
As narrated with the aid of using the astute and vociferous journalist, the armed robbers who broke into his vehicle took away his cash, pill and different valuables which include his slippers and shoes.
Captain Smart who strongly believes the armed robbers had been charged with the aid of using a few pinnacle politicians to damage him persevered that, he noticed blood stains in his vehicle after carrying out a chemical seek internal his destroyed vehicle.
As strongly advised with the aid of using Captain Smart, a few evil human beings preserving critical positions withinside the united states are after his lifestyles simply due to the fact he speaks reality to energy.
He additionally claimed that the those who despatched the armed robbers after him are presently scheming every other evil plan to get him arrested as soon as again.
And after his arrest, rent an insider to brutalize and wound him withinside the police cells after assisting him with a knife saved internal a bread.
Brave Captain Smart moreover expressed on his display on ONUA TV this morning that he’s prepared for them and could maintain to talk reality to energy regardless of the ungodly matters they do to him.