Tag: Foreign Exchange Act 2006
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Benchmarking prices of goods and services against the exchange rate illegal – BoG Governor
The Governor of the Bank of Ghana, BoG, Dr. Ernest Addison, has reiterated that it is illegal to price goods and services in foreign currencies such as the U.S dollar. Despite the existence of the law, the practice exists in many facets of the Ghanaian economy as some businesses have even adopted new ways by…