Bank of Ghana denies rationing FX

Bloomberg made claim in June article citing swelling fuel import bills

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Bank of Ghana

The Bank of Ghana says it “has not imposed any cap on the sale of forex”, according to a statement sent to Central Banking on July 15.

In response to emailed questions from Central Banking, a spokesperson said “corporates and individuals continue to source for their forex needs through their banks and the forex bureaus”. The person added that the central bank was providing FX liquidity.

Bloomberg had reported in June that the Ghanaian central bank was capping US dollar offerings at $100

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