24.3 C
Accra
Friday, July 5, 2024
NewsBOG has zero idea about cedi stabilization - Bridget Otoo

Date:

BOG has zero idea about cedi stabilization – Bridget Otoo

spot_img

Ghanaian media personality Bridget Otoo has once again criticized the government for the deteriorating economic conditions faced by Ghanaians.

Amid the rising cedi, Otoo took to her social media to lambast the Bank of Ghana (BOG) for its handling of the depreciating currency.

- Advertisement -

The BOG proposed that stopping foreign exchange bureaus from advertising rates outside their premises and on social media platforms is a way to stabilize the cedi.

Finance Minister Dr. Mohammed Amin Adam also noted that market speculations about the cedi negatively affect its value.

- Advertisement -

Otoo accused the BOG on her social media page of lacking effective strategies to regulate the cedi.

See tweet below:

Latest stories

2024 Elections: Profile of Bawumia’s running mate, Dr. Matthew Opoku Prempeh

The National Executive Council (NEC) of the New Patriotic...

Petrol tanker involved in an accident on the Hohoe-Sanko road

A petrol tanker bearing registration number GN 44-76 overturned...

GIPC CEO justifies decision to scrap capital requirements for foreign businesses

Chief Executive of the Ghana Investment Promotion Centre (GIPC),Yofi...

GSS predicts increased congestion in Accra by 2030

By 2030, Accra, Ghana's vibrant capital, is anticipated to...

Chief Justice rejects Richard Jakpa’s petition accusing the trial judge of unfairness

Chief Justice Gertrude Torkornoo has dismissed a petition from...

GBA president opposes Akufo-Addo’s plan to appoint 5 judges – NDC in intercepted letter

National Democratic Congress (NDC) has revealed information about Chief...

Man Utd willing to consider offers for Rashford – Reports

Man Utd is willing to consider offers for Rashford.Rashford's...

Related stories

2024 Elections: Profile of Bawumia’s running mate, Dr. Matthew Opoku Prempeh

The National Executive Council (NEC) of the New Patriotic...

Petrol tanker involved in an accident on the Hohoe-Sanko road

A petrol tanker bearing registration number GN 44-76 overturned...

GBA president opposes Akufo-Addo’s plan to appoint 5 judges – NDC in intercepted letter

National Democratic Congress (NDC) has revealed information about Chief...

Chief Justice rejects Richard Jakpa’s petition accusing the trial judge of unfairness

Chief Justice Gertrude Torkornoo has dismissed a petition from...

GSS predicts increased congestion in Accra by 2030

By 2030, Accra, Ghana's vibrant capital, is anticipated to...

Shooting incident at Baniekrom kills 3, schools abandoned

Following a tragic shooting incident that claimed three lives...

Interrogate and verify information before sharing it to avoid spreading falsehoods – IGP to public

The Inspector-General of Police (IGP), Dr. George Akuffo Dampare,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here