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‘Black market’ trade impeding cedis stability

Forex bureau operators want the Bank of Ghana to clamp down on the growing operations of black marketers in the foreign exchange business.

The illegal business has been cited as one of the major constraints to stabilizing the cedi.

The comments come in the wake of debates on the need to stem the cedi’s losing streak against major trading currencies.

 

 

Source: citibusinessnews.com

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