Midday News

Clamp Down on Black Market Operators in the Forex Trade


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Economics professor Godfred Bokpin is warning that the new measures by the Bank of Ghana (BoG) to clamp down on black market operators in the forex trade may not succeed in stopping the depreciation of the Ghana cedi to stabilise the economy. In its latest directives, all persons wishing to transact forex business must do so with a Ghana Card, and unlicensed operators will be arrested and prosecuted.
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