No more dollar pricing for school fees, rent, airline tickets – BoG

The Bank of Ghana (BoG) has reminded the public that unlicensed or unauthorized foreign exchange transactions—including black market dealings, pricing, quoting, advertising, issuing receipts, and making or receiving payments in foreign currencies such as the US dollar—are strictly prohibited under the Foreign Exchange Act, 2006 (Act 723). In a statement signed by Ms. Aimee V. […]