Opening of Dollar Account Banned – Bank Of Ghana . Emergency Meeting Tomorrow
The Bank of Ghana is convening an emergency Monetary Policy Committee meeting on Wednesday, August 17, 2022, over recent challenges faced by the Ghanaian economy. Prior to the meeting , authorities has instructed Banks to suspend the opening of Dollar account until further notice .
The Monetary Policy Committee (MPC) of the Bank of Ghana will hold an emergency meeting on Wednesday, 17th August 2022, to review recent developments in the economy. The meeting will conclude with an announcement of the decisions of the committee,” a statement from the central bank announced.
MPC meetings are mainly attended by officials of the Bank of Ghana, some banking consultants and economists.
The meeting according to the apex bank will review developments in the economy over the past month.
Some of the issues expected to be discussed are ways to deal with the sharp depreciation of the cedi and the rising inflation.
The Monetary Policy Committee (MPC) of the Bank of Ghana will hold an emergency meeting on Wednesday, 17th August 2022, to review recent developments in the economy. The meeting will conclude with an announcement of the decisions of the committee,” a statement from the central bank announced.
MPC meetings are mainly attended by officials of the Bank of Ghana, some banking consultants and economists.
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