No more over-the-counter dollar withdrawals – Adongo

OTC withdrawals for foreign exchange & foreign currency account holders allowed – BOG

The Bank of Ghana (BOG) has provided clarification on a subject matter that has generated public debate across various media forms in the country. The debate which is a spillover from a television interview granted by chairman of the parliamentary select-committee on finance and a member of the BOG, Isaac Adongo. In the interview which […]

No more over-the-counter dollar withdrawals – Adongo

As part of attempts to stop cedi depreciation, Isaac Adongo, a board member of the Bank of Ghana (BoG), has revealed plans to tighten regulations on over-the-counter US dollar withdrawals from financial institutions. The central bank will soon impose an almost complete ban with few exceptions, even though current regulations allow restricted dollar withdrawals with […] The post No more over-the-counter dollar withdrawals – Adongo appeared first …