Home BUSINESS Ghana bans spending in foreign currencies, makes Cedi sole legal tender

Ghana bans spending in foreign currencies, makes Cedi sole legal tender

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Ghana bans spending in foreign currencies, makes Cedi sole legal tender
Ghana bans spending in foreign currencies, makes Cedi sole legal tender

The Bank of Ghana has issued a directive banning the pricing, advertising, receipting or making payments for goods and services in Foreign currency in the country.

The directive was issued in a statement released today April 7.

The statement noted that the legal currency in Ghana is the Cedis and should be the only means of exchange.