Tag: dollarization
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BoG Dollar Ban Faces Reality Check as Weak Cedi Drives Pricing
The Bank of Ghana has issued another warning against dollar pricing for domestic transactions, but experts argue that only currency stability can truly end...
Ghana’s Anti-Dollarization Push Faces Trust Deficit, Warns Think Tank
Ghana's renewed legal crackdown on dollarization faces fundamental challenges beyond enforcement, according to analysis by policy think tank IMANI Africa.
The Bank of Ghana (BoG),...
Bank of Ghana Cracks Down on Dollar-Pricing in Local Transactions
The central bank has intensified monitoring of real estate and private education sectors for violations of Ghana's legal tender laws, Governor Dr. Johnson Pandit...
ABSA Chief: Cedi Stability Key to Curbing Speculation
Adolph Kpegah, ABSA Bank Ghana’s Executive Director of Strategy and Operations, asserts that sustained currency stability not enforcement is the solution to dollarisation and...
Bank of Ghana Governor Takes Hard Stance Against Dollarization of Economy
Bank of Ghana Governor Dr. Johnson Asiama has issued a stern warning against the increasing use of the US dollar in domestic transactions, declaring...
