Control the black Market- President Akufo-Addo tells BOG

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

Black currency market must stop – Akufo-Addo #GTVbreakfast pic.twitter.com/UMcm8yG75j— Ghana Broadcasting Corporation (@thegbcghana) October 27, 2022

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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