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Prohibition of Pricing, Advertising, Receipting and/or Making Payments for Goods and Services in Foreign Currency in Ghana
Prohibition Of Pricing And Payment For Goods And Services In Foreign Currency
The general public is hereby reminded that the Foreign Exchange Act, 2006 (Act 723) prohibits the pricing, advertising and receipt or payment for goods and services in foreign currency in Ghana
Importation & Exportation of Foreign Currency
Under the powers conferred on Bank of Ghana by the Foreign Exchange Act, 2006 (ACT 723) to make rules governing the importation of foreign exchange and given the provisions of the Anti-Money Laundering Act, 2008 (Act 749) as amended, the Bank of Ghana announces for the information of the General Public that:
Frequently Asked Questions
FAQ’s FAQ 1 FAQ 2 FAQ 3 FAQ 1 1. What is a Sovereign Wealth Fund? Sovereign Wealth Fund (SWF) are “State-owned investment fund or entities that are commonly established from balance of payments (BOPs) surpluses, government transfer payments, fiscal surpluses and/or receipts resulting from resource exports. This excludes, among other things, foreign currency reserve […]
Our Monetary Policy Framework
Monetary Policy Framework The framework Elements of the Framework Mandate of Bank of Ghana The primary objective of the Bank of Ghana is to maintain stability in the general level of prices, as stated under section 3 of the Bank of Ghana Act 2002, (Act 612), as amended. In addition to price stability, the Bank […]
SPEECH DELIVERED BY DR. ERNEST ADDISON, GOVERNOR, AT GRAPHIC BUSINESS/STANBIC BREAKFAST MEETING
As we all know, Ghana’s economy is import dependent, hence the existence of persistent foreign exchange demand pressures by importers. In addition to these huge demand pressures, the seasonal repatriation of profits and dividends foreign-owned companies reflects in significant outflow of resources out of the services and income accounts, exerting additional pressures on the local […]