The Bank of Ghana (BoG) has served notice that it will continue to tackle illegal foreign exchange operations in the country.
The central bank said in a statement that offenders shall be dealt with in accordance with the law.
“The Bank of Ghana, in collaboration with national security and law enforcement agencies, will continue to clamp down on illegal foreign exchange operations.” All offenders shall be dealt with in accordance with the law, “the regulator said.
- The Bank of Ghana will auction off US$350 million in foreign exchange forwards.
- Bank of Ghana announces foreign exchange forward auctions.
The BoG further cautioned against persons who are pricing in dollars in the country.
“The general public is hereby notified that the sole legal tender in Ghana is the Ghana Cedi,” the statement said.
By Laud Nartey, 3news.com|Ghana
