Daily Archives - June 10, 2016

BoG cracks whip on pricing in dollars

The Bank of Ghana (BoG) is taking steps to stem the dollarisation of the Ghanaian economy by enforcing laws that bar the pricing of goods and services in American dollars and other foreign currencies. The dollarisation of the economy has contributed to the perrenial unfavourable fluctuation of the cedi and its attendant effect on inflation and cost of living. But a...