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Black currency market must stop – Akufo-Addo

27 October 2022

President Akufo-Addo has called for concerted efforts to stop black market activities in the forex business.

He has therefore asked the Bank of Ghana and other regulators to live up to their responsibility of controlling the money market.

He made the call at a meeting with the leadership of the Forex Bureau Association of Ghana.

The President of the Forex Bureau Association of Ghana, K.T. Dadzie attributed speculation and artificial shortage to the depreciation of the cedis.

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