Dollar withdrawals over the counter suspended – Isaac Adongo reveals

Read Article

Comments (100)

This article is closed for comments.

Read Comments Comments (100)

Major 7 months ago

Fools. Confine your campaign to Bantama. Ghana has no need of your bush kingdom nonsense.

Fools. Confine your campaign to Bantama. Ghana has no need of your bush kingdom nonsense.
BABYLONNIA 7 months ago

Let those foolish animals following the NPP know that... "aban papa aba..!!!!" The Russia-Ukraine war has even intensified, but we are now enjoying an unbelievable exchange rate stability under a responsible government. Ghana ...
read full comment

Let those foolish animals following the NPP know that... "aban papa aba..!!!!" The Russia-Ukraine war has even intensified, but we are now enjoying an unbelievable exchange rate stability under a responsible government. Ghana is moving forward, and there is hope & smile on the faces of Ghanaians now... (including even the NPP criminals). The 40-year exile in Siberia is being supervised by God, so you can continue stabbing yourselves in opposition. We want to see you all dead for a peaceful Ghana!
Dr. Allen Smith Jackson, UK 7 months ago

Then where’s our Sammy Gyamfi going to get his dollars to do show off

Then where’s our Sammy Gyamfi going to get his dollars to do show off
Kojo 7 months ago

Exactly!!!

Exactly!!!
Simeon London 7 months ago

We told you so! The last economist are back? Taking everybody's dollars and sharing among themselves. They did same between 2013 and 2016. One had to write a love letter to their banks to redraw their own cash .

This will ...
read full comment

We told you so! The last economist are back? Taking everybody's dollars and sharing among themselves. They did same between 2013 and 2016. One had to write a love letter to their banks to redraw their own cash .

This will definitely result in more black market transactions.
Simeon London 7 months ago

**lazy economist***

**lazy economist***
Speaking under influence of pito and dog meat 7 months ago

How can you lie like this? The governor has assured the nation that you are lying. How do you redeem your image?

How can you lie like this? The governor has assured the nation that you are lying. How do you redeem your image?
Kwadwo Afram Saka 7 months ago

Adongo are you the communication officer of Bank of Ghana? Are board members allowed to sit on radio to enact policy? Who says that once a customer deposits his own money into his bank account a loud mouth idiot can change th ...
read full comment

Adongo are you the communication officer of Bank of Ghana? Are board members allowed to sit on radio to enact policy? Who says that once a customer deposits his own money into his bank account a loud mouth idiot can change the terms of his relationship with his bank? Do you know the legal problems that will emerge out of this nonsense? Where do the NDC get such misfits from? I’m not surprised Mahama decided not to give him a ministerial appointment. My suggestion is that he must be removed from Bank of Ghana. Useless character. Stop the brain dead nonsense. Gyimifuo ba. ABOAFUNU.
TWEAA DC 7 months ago

ADONGO SAYS THERE WILL BE EXCEMPTIONS....AND SAMMY GYAMFI IS A SPECIAL PRODUCT....MAHAMA'S SPECIAL BOY WILL BE ABLE TO WITHDRAW DOLLARS EVEN IF HE HAS NO DOLLAR ACCOUNT AND FLASH IT ARROUND AT FUNERALS...NO CHALLENGER...TWEA ...
read full comment

ADONGO SAYS THERE WILL BE EXCEMPTIONS....AND SAMMY GYAMFI IS A SPECIAL PRODUCT....MAHAMA'S SPECIAL BOY WILL BE ABLE TO WITHDRAW DOLLARS EVEN IF HE HAS NO DOLLAR ACCOUNT AND FLASH IT ARROUND AT FUNERALS...NO CHALLENGER...TWEAA.
Jet 7 months ago

True. Why will a cedis country be doing transactions in dollars. Force everyone to use ghana cedis in ghana. No dollar payments within ghana. No one should charge for anyhting dollars in ghana. If u have dollars, spend it out ...
read full comment

True. Why will a cedis country be doing transactions in dollars. Force everyone to use ghana cedis in ghana. No dollar payments within ghana. No one should charge for anyhting dollars in ghana. If u have dollars, spend it outside the country simple.
I just think they know the NPP has a stash of dollars.

BUT SHARING TAX PAYERS DOLLARS ON THE STREETS IS ALLOWED! 7 months ago

Go ask Sammy Gyamfi why he is dashing taxpayers dollars on the streets and come and tell me why I cannot withdraw my own dollars from the bank.

Go ask Sammy Gyamfi why he is dashing taxpayers dollars on the streets and come and tell me why I cannot withdraw my own dollars from the bank.
Sam 7 months ago

Atta Mills warned that no one should do any transaction in dollars but it didn't work.
Giving such directive is as important as implementing it.

Atta Mills warned that no one should do any transaction in dollars but it didn't work.
Giving such directive is as important as implementing it.
Kojo 7 months ago

These politicians when it comes to finance they treat people who have learned their money the hard way as if there are not Ghanaians!! That's how the other one thought that using pensioner's money was the way to go. Then they ...
read full comment

These politicians when it comes to finance they treat people who have learned their money the hard way as if there are not Ghanaians!! That's how the other one thought that using pensioner's money was the way to go. Then they go and take their ex-gratia cool.
Wwwe 7 months ago

Animals FF ndc no's that only idiots and fools will b happy for parents paid BECE registration 500gh and received 18gh pad hmmm kwasiman

Animals FF ndc no's that only idiots and fools will b happy for parents paid BECE registration 500gh and received 18gh pad hmmm kwasiman
ABSOLUTE NONSENSE 7 months ago

You stupid politicians steal from us . What right do you have to stop me from accessing my dollar. I kept it there because my son will
Be traveling to America to study, that’s the money I’ll be sending him away with . I� ...
read full comment

You stupid politicians steal from us . What right do you have to stop me from accessing my dollar. I kept it there because my son will
Be traveling to America to study, that’s the money I’ll be sending him away with . I’ve been saving little by little to get something good in there for my good boy. You will give me cedi to give ti him to go to America? Adongo should go and sit at the bank himself and tell me he won’t give me my money. COWARD, you make stupid policies and you go sit at the bank of Ghana and leave the poor bankers to withstand the wrath of customers. Stupid politicians
Son of God 7 months ago

Are you sure you have read the full article? Mr Adongo said there are a few exception such as if you are going to spend the dollars abroad otherwise if you are spending the money in Ghana here you will be given the cedi equiv ...
read full comment

Are you sure you have read the full article? Mr Adongo said there are a few exception such as if you are going to spend the dollars abroad otherwise if you are spending the money in Ghana here you will be given the cedi equivalent of your dollar withdrawal, you have a problem with that?
ABSOLUTE NONSENSE 7 months ago

Yea I have a problem with that , I’m not traveling anywhere , It’s my son who’s traveling in a few months. I won’t be able to prove I’m traveling because I have no travel arrangements but my son .

Yea I have a problem with that , I’m not traveling anywhere , It’s my son who’s traveling in a few months. I won’t be able to prove I’m traveling because I have no travel arrangements but my son .
Kofi Sromani 7 months ago

Stupid idiot; if you prove with all documents that your son is traveling, he will be given the money. Instead of making enquiries if you truly have a justification, you sit here on social media to write nonsense and insult pe ...
read full comment

Stupid idiot; if you prove with all documents that your son is traveling, he will be given the money. Instead of making enquiries if you truly have a justification, you sit here on social media to write nonsense and insult people.
BOG fools 7 months ago

Foolish man . Then what’s the purpose of the policy. Someone has dollar to put in the bank and you think he can’t find a way to prove he is traveling to take his dollars. You and your Adongo are two big fools

Foolish man . Then what’s the purpose of the policy. Someone has dollar to put in the bank and you think he can’t find a way to prove he is traveling to take his dollars. You and your Adongo are two big fools
Kwadwo Afram Saka 7 months ago

Kofi Sromani you are a foolish illiterate. Do you know the relationship between banks and their customers. Go back to school and stop writing childish Ananse stories. You think social media awards certificates? Nkwaseasem. So ...
read full comment

Kofi Sromani you are a foolish illiterate. Do you know the relationship between banks and their customers. Go back to school and stop writing childish Ananse stories. You think social media awards certificates? Nkwaseasem. Someone is talking about saving for their children’s future and a backward uncouth creature like you is attacking them. Just shut your beak and learn to think like a human being. Kwasiabi ba. Wo ho fiiiiiii.

Donkey fool 7 months ago

That's what these idiots did under Tekper. What was the results of that action that they are going to do the same? Communist idiots with no sense finance

That's what these idiots did under Tekper. What was the results of that action that they are going to do the same? Communist idiots with no sense finance
DeShawn 7 months ago

HEY, MR. @ABSOLUTE NONSENSE..!!!!! Why are you spewing out that "raw nonsense??" You are such a stupid man to be having a son. Maybe, your son should be taken away from you and "donated" to an orphanage where his future would ...
read full comment

HEY, MR. @ABSOLUTE NONSENSE..!!!!! Why are you spewing out that "raw nonsense??" You are such a stupid man to be having a son. Maybe, your son should be taken away from you and "donated" to an orphanage where his future would be better. Mumu koose like you....!!!! Even when you are spewing that nonsense and you are being alerted, you continue to swim in your foolishness. All such idiots like you will also classify themselves as "fathers". Apuuuuuu taaaaahh................
Kofi Sromani 7 months ago

Don't mind him. He is either a dunderhead, or he is already prejudiced and just want to attack the NDC for no reason. Thry surely do not read, or they read and do not understand.

Don't mind him. He is either a dunderhead, or he is already prejudiced and just want to attack the NDC for no reason. Thry surely do not read, or they read and do not understand.
John 7 months ago

Where in America can you withdraw cedis? What nonsense is that? We sit in Ghana and we encourage another country money

Where in America can you withdraw cedis? What nonsense is that? We sit in Ghana and we encourage another country money
John 7 months ago

Go dmf live in America and chop dollar

Go dmf live in America and chop dollar
Nii 7 months ago

Even our airport use dollars for transactions.

Even our airport use dollars for transactions.
SACK SAMMY GYAMFI NOW 7 months ago

Yet sammy gyamfi has millions of dollars for gifts. Is sammy gyamfi now keeping the dollars in Ghana?

Yet sammy gyamfi has millions of dollars for gifts. Is sammy gyamfi now keeping the dollars in Ghana?
.mr amin 7 months ago

Well done adongo restrict the use of dollars internally, well than gold board do more we need a strong and a stable currency to boost our purchasing power to create jobs

Well done adongo restrict the use of dollars internally, well than gold board do more we need a strong and a stable currency to boost our purchasing power to create jobs
Nemesis 7 months ago

GYIMIGYIMIFUO. ANIMALS!

GYIMIGYIMIFUO. ANIMALS!
Kofi 7 months ago

Adongo should know, sitting on the Board of the Bank, that if there is undue restriction on legitimate need for withdrawal of forex for external transactions (not domestic) it would in the long run suppress the voluntary comm ...
read full comment

Adongo should know, sitting on the Board of the Bank, that if there is undue restriction on legitimate need for withdrawal of forex for external transactions (not domestic) it would in the long run suppress the voluntary commitment to save in USD, which would not be good for the economy in the long run. Balancing short term measures against those of long term is important

.mr amin 7 months ago

Why are you withdrawing dollars from the counter? Unless for foreign transactions, this policy will stop the dollarization of our economy, we should know that a strong cedi means strong people with good purchasing power to dr ...
read full comment

Why are you withdrawing dollars from the counter? Unless for foreign transactions, this policy will stop the dollarization of our economy, we should know that a strong cedi means strong people with good purchasing power to drive job creation well done BoG, well done goldbod
Kay 7 months ago

Wrong move

Wrong move
Jet 7 months ago

Good move. Ghana is a cedis country not a dollar country. Tell me us you can spend ghana cedis is the UK, US or whatever. U spend in the local currency. Ghana legal tender is not dollars so if u save in Dollars u will withdra ...
read full comment

Good move. Ghana is a cedis country not a dollar country. Tell me us you can spend ghana cedis is the UK, US or whatever. U spend in the local currency. Ghana legal tender is not dollars so if u save in Dollars u will withdraw cedis locally. But u can withdraw dollars outside the country. I love the new team. Make the cedis strong
Pelicles. 7 months ago

NDC never ceases to amaze some of us. With our local currency, the cedi, why should a foreign currency be used side-by-side with our local cedi? This stupidity can only happen in Ghana and nowhere else. Go to the US and see i ...
read full comment

NDC never ceases to amaze some of us. With our local currency, the cedi, why should a foreign currency be used side-by-side with our local cedi? This stupidity can only happen in Ghana and nowhere else. Go to the US and see if you can use any currency other than their "Dollar"?
Kwadwo Afram Saka 7 months ago

Village boy asking a typical village question. What do you mean by can anyone spend other currencies in America. KURASENI asking nkurasifuo questions.

Village boy asking a typical village question. What do you mean by can anyone spend other currencies in America. KURASENI asking nkurasifuo questions.
Pelicles. 7 months ago

A feral fool. A village and a town or city, which came first?

A feral fool. A village and a town or city, which came first?
Stone 7 months ago

So how's agradaa going to get some more?. It's going to be hard dam...concert party country.

So how's agradaa going to get some more?. It's going to be hard dam...concert party country.
Slycom 7 months ago

Ghanaweb.....correction
Board Member of Bank of Ghana.
Not Ghana of Ghana !!!

Ghanaweb.....correction
Board Member of Bank of Ghana.
Not Ghana of Ghana !!!
Kwame 7 months ago

This is not the first time this is happening. I believe there was a good reason why it was stopped. Bank of Ghana should look at this carefully.

This is not the first time this is happening. I believe there was a good reason why it was stopped. Bank of Ghana should look at this carefully.
K 7 months ago

This news has the tendency to increase the price of the dollar in the short term as people may rush to purchase some at the Forex bureau or quickly withdraw while there is time. Such information should be well managed.

This news has the tendency to increase the price of the dollar in the short term as people may rush to purchase some at the Forex bureau or quickly withdraw while there is time. Such information should be well managed.
Jet 7 months ago

That will just make the cedis stronger. Cos the dollar will just be everywhere. To spend it u need to change it to cedis. Simple. If u all withdraw ur dollars there will be plenty I. The system. The more there is the less va ...
read full comment

That will just make the cedis stronger. Cos the dollar will just be everywhere. To spend it u need to change it to cedis. Simple. If u all withdraw ur dollars there will be plenty I. The system. The more there is the less valuable remember??
K 7 months ago

Unfortunately Jet, you turned the economics upside down - rather, if people rush to buy dollars at the Forex bureaus or rush to withdraw their dollar savings, there will be higher demand for the dollar (i.e. cedis chasing do ...
read full comment

Unfortunately Jet, you turned the economics upside down - rather, if people rush to buy dollars at the Forex bureaus or rush to withdraw their dollar savings, there will be higher demand for the dollar (i.e. cedis chasing dollars) which will cause the dollar to rise again (at least per the rules of demand and supply). I must say that the move will be good in the long run, however it shouldn't be news at this time that the cedis is making such good gains. Currently, people are still bringing their dollars out to get cedis (more supply of dollars chasing cedis means lower prices for the dollars and higher demand and price for the cedis).

That's how the rules of demand and supply work.
Christmas for black market 7 months ago

So you might as well close the forex bureaus and we head back to the old black market. I for one don’t know how to keep cedis I only keep dollars. Dollar remains the same anytime more or less . As for cedis things can chang ...
read full comment

So you might as well close the forex bureaus and we head back to the old black market. I for one don’t know how to keep cedis I only keep dollars. Dollar remains the same anytime more or less . As for cedis things can change fast . I will keep cedis in a couple of years when I know it is not shaking.
It doesn’t make sense at all what this man is talking about. I put my dollars into your trust to keep them for me and charge me for safe keeping my money. Now you are telling me you will not give me my money back ? This talk can have a run on the banks a disaster for banking.
Jet 7 months ago

U are all the reason we are where we are. I agree. If u save dollars u reap cedis. So keep it there and see.

U are all the reason we are where we are. I agree. If u save dollars u reap cedis. So keep it there and see.
Citizen8 7 months ago

Adongo, are you the Head of Public Relations of the Bank of Ghana? Leave announcements like this to Bank of Ghana to handle, please. It appears you talk too much.

Adongo, are you the Head of Public Relations of the Bank of Ghana? Leave announcements like this to Bank of Ghana to handle, please. It appears you talk too much.
Now Now 7 months ago

Adongo
Please leave your booklong
Don't bring in ANY confusion to disturb the cedi gains
If he brings dollars and you insist you will not give him back dollars
Which fool will continue to bring the dollars
Allow the fo ...
read full comment

Adongo
Please leave your booklong
Don't bring in ANY confusion to disturb the cedi gains
If he brings dollars and you insist you will not give him back dollars
Which fool will continue to bring the dollars
Allow the foreign currency accounts to operate the way they are meant to
ABUSUAPANIN KWAKU PE BIRIBI ADIA WUO 7 months ago

Why did it take our authorities so long ti block the leakage of dollars from the system? This simple policy, if enforced, will stabilize the cedi. Bravo!!

Why did it take our authorities so long ti block the leakage of dollars from the system? This simple policy, if enforced, will stabilize the cedi. Bravo!!
THIS POLICY FAILED BEFORE.........IT WILL AGAIN 7 months ago

NOBODY WILL DEPOSIT DOLLARS AT THE BANK AGAIN AND SOME OF US WITH DOLLAR ACCOUNT OUTSIDE GHANA WILL NO LONGER MOVE THE DOLLAR BACK TO GHANA.

NOBODY WILL DEPOSIT DOLLARS AT THE BANK AGAIN AND SOME OF US WITH DOLLAR ACCOUNT OUTSIDE GHANA WILL NO LONGER MOVE THE DOLLAR BACK TO GHANA.
AB 7 months ago

Simplicita. Implement this kind of policy and significantly reduce diaspora remittances and $ deposits. This will reduce $ supply, encourage $ hoarding. We all know what the consequence is!

Announcement of policy is an ope ...
read full comment

Simplicita. Implement this kind of policy and significantly reduce diaspora remittances and $ deposits. This will reduce $ supply, encourage $ hoarding. We all know what the consequence is!

Announcement of policy is an operational decision and should not be announced by a Board Member.
Incompetent fools 7 months ago

They didn't learn from their last fiasco under Tekpe

They didn't learn from their last fiasco under Tekpe
No Nonsense Man 7 months ago

This is why Dr. Bawumia is no match for Adongo in economics. This is perhaps the Bob's third board meeting and fantastic economic decisions are being taken. Only God can tell the level of the Cedi appreciation by the end of 2 ...
read full comment

This is why Dr. Bawumia is no match for Adongo in economics. This is perhaps the Bob's third board meeting and fantastic economic decisions are being taken. Only God can tell the level of the Cedi appreciation by the end of 2028.
BUT SHARING TAX PAYERS DOLLARS ON THE STREETS IS ALLOWED! 7 months ago

Nkwaseasem. Withdrawing my own dollars over the counter is not allowed. But sharing taxpayers dollars on the streets is allowed.

Adongo wrong timing for this announcement. Its shooting oneself in the foot. LOL!

Nkwaseasem. Withdrawing my own dollars over the counter is not allowed. But sharing taxpayers dollars on the streets is allowed.

Adongo wrong timing for this announcement. Its shooting oneself in the foot. LOL!
Kwabena Dickson 7 months ago

I don't know why this should turn into insult among citizens. In fact if you go to most countries as a visitor, you can only change your Dollar with a money changer or they'll tell you go to the Bank. Even in some African cou ...
read full comment

I don't know why this should turn into insult among citizens. In fact if you go to most countries as a visitor, you can only change your Dollar with a money changer or they'll tell you go to the Bank. Even in some African countries. But our country Ghana, Even my grandmother can also sell something to you in US Dollars. Lands are now sold in US dollars, Estate Houses are sold in US Dollars. I received salary in Dollars but if such measures will bring sanity into our economy, why not. Please let us all think about Ghana because if our country is good we shall all be proud of it. An example is Singapore. The country is good and beautiful but its citizens don't fancy US Dollar likewise Australia.
Fox leg 7 months ago

Today my Email and my phone has break Olympic records as certain morons stinking fools attempt to hackers Email and phone.If you admit to be stinking fool then continue to hack my email and phone.Morons

Today my Email and my phone has break Olympic records as certain morons stinking fools attempt to hackers Email and phone.If you admit to be stinking fool then continue to hack my email and phone.Morons
Jubilee House Rat. 7 months ago

Atinga Frafra, does not know what a horse he’s talking about.

Atinga Frafra, does not know what a horse he’s talking about.
Obibs 7 months ago

Is it any wonder people hide their foreign exchange money under their beds ?

Is it any wonder people hide their foreign exchange money under their beds ?
Tweaa 7 months ago

GOOD NEWS FOR BLACK MARKET OPERATORS. YAWIE

GOOD NEWS FOR BLACK MARKET OPERATORS. YAWIE
Shameful 7 months ago

They are bringing back this stupid forex policy

They are bringing back this stupid forex policy
ADONGO WHERE IS THE GOVERNOR? 7 months ago

Please Adongo Bank of Ghana monetary policies must be communicated by the Governor himself or his deputies acting under his instructions. Who instructed Adomgo to make such sensitive statements on Gank of Ghana's behalf. So t ...
read full comment

Please Adongo Bank of Ghana monetary policies must be communicated by the Governor himself or his deputies acting under his instructions. Who instructed Adomgo to make such sensitive statements on Gank of Ghana's behalf. So then why should Ghanaians put their dollars in the Bank?
SANTROFIE 7 months ago

NONSENSE!!!

NONSENSE!!!
JB 7 months ago

Nonsense. I deposit dollars and you insist I cannot get my dollars back? Then why don't ban dollar accounts in Ghana then?

Nonsense. I deposit dollars and you insist I cannot get my dollars back? Then why don't ban dollar accounts in Ghana then?
Henrietta 7 months ago

How about those selling properties in dollars in Ghana, they should really work on that too.Thank you.

How about those selling properties in dollars in Ghana, they should really work on that too.Thank you.
Dan 7 months ago

Yeap who ever needs dollar should go to Sammy Gyemfi

Yeap who ever needs dollar should go to Sammy Gyemfi
Good governance 7 months ago

Thus is how is done in every devolop country. You can not withdraw dollars from any country banks in Europe just like that as is done in many African countries.In Ghana today everything is in dollars instead of cedis even s ...
read full comment

Thus is how is done in every devolop country. You can not withdraw dollars from any country banks in Europe just like that as is done in many African countries.In Ghana today everything is in dollars instead of cedis even some hotels , private schools and many investments are in dollars.
Sam 7 months ago

I hope you are not going do the Npp way where minister's and some people close the government will be hiding the money in their homes like madam CP did.

I hope you are not going do the Npp way where minister's and some people close the government will be hiding the money in their homes like madam CP did.
Born again 7 months ago

Goatee

Goatee
GAKPO 7 months ago

And the house's at East legon,Airport, Cantonment etc which are been sold in Dollars. What is he doing about it? Talk is cheap..Close all Dollar account and open ways for black market.

And the house's at East legon,Airport, Cantonment etc which are been sold in Dollars. What is he doing about it? Talk is cheap..Close all Dollar account and open ways for black market.
Bro kwesi 7 months ago

This man will give bank of Ghana problems peewhhhh

This man will give bank of Ghana problems peewhhhh
Kwaku. 7 months ago

Mr. Adongo; with all due respect, your understanding of the role of the dollar is too narrow for the good of the national economy at this point in time. Millions of Ghanaians overseas and their local relatives acquire dollars ...
read full comment

Mr. Adongo; with all due respect, your understanding of the role of the dollar is too narrow for the good of the national economy at this point in time. Millions of Ghanaians overseas and their local relatives acquire dollars everyday. You declare war on their dollars so we all hoard our dollars at home. Why not think other ways of gaining access to our dollars? Why fight us? THINK. The global system will ensure you lose. Unfortunately.
MOG 7 months ago

Adongo you are too chatty. You will cause panic withdrawal. Who sent you to come and spew this Nonsense.
The government should get ready for a lot of law suits.
Hypocrites and parasites!!

Adongo you are too chatty. You will cause panic withdrawal. Who sent you to come and spew this Nonsense.
The government should get ready for a lot of law suits.
Hypocrites and parasites!!
Agbalagba 7 months ago

Nobody will ever control my access to my own money

Nobody will ever control my access to my own money
TonyB 7 months ago

That is a good decision The dollar is not legal render in Ghana

That is a good decision The dollar is not legal render in Ghana
Edward 7 months ago

We are back to square one. So this government too is hell bent on stealing depositors US dollars? The reason people are encouraged to deposit hard USD is that the government wants to blot dollars from the markets and keep the ...
read full comment

We are back to square one. So this government too is hell bent on stealing depositors US dollars? The reason people are encouraged to deposit hard USD is that the government wants to blot dollars from the markets and keep the banks liquidity holdings high instead of individuals keeping these at home. Then all of a sudden government realizes it has to steal the dollars and give them cedis upon withdrawal on their own exchange rate terms.
Now who is going to deposit USD into their accounts again?
Government is now going to direct forex trade traffic into the black markets where we will all be going. And I bet you the black market trade is going to boom.

When Ken Ofori Atta wanted to clamp down on black marketeers was it not this same Adongo and our NDC that lambasted him and he had to stop?

I am now convinced that the cedis appreciation has nothing to do with any policy initiatives of the BOG.
Rather I believe that payments have not been made to contractors and energy debts are not paid.

One thieving government has replaced another.

Let customers start boycotting the banks. It is useless to have confidence in the banking sector. Governments steal our monies and the banks are too weak to protect customers. The banks have become enablers.

We will not sent our cash to banks anymore

Smelling Adongo must steal what his fellow appointees send to the banks.

Now they have taken so much dollars to hoard, the reason their appointees like Samuel Gyamfi can flaunt dollars on such a scale
12345 7 months ago

fear and panic, nothing more nothing less. the banks claim they haven't received any such directive so what is the Bongo Adam smith sayinig?

fear and panic, nothing more nothing less. the banks claim they haven't received any such directive so what is the Bongo Adam smith sayinig?
Zionism is racism 7 months ago

This measure is likely to discourage people from putting dollars in Ghana banks.

This measure is likely to discourage people from putting dollars in Ghana banks.
Erik 7 months ago

This is insane. How can i be prevented from assessing my own money which I've saved from my bank. If it's to curtail the forex to the black market then what the ought to do is totally ban all transactions in forex in the coun ...
read full comment

This is insane. How can i be prevented from assessing my own money which I've saved from my bank. If it's to curtail the forex to the black market then what the ought to do is totally ban all transactions in forex in the country. A plot of land is quoted in dollars in Accra and is not illigal . Put a total ban on all forex transactions in Ghana then will go to black market for dollars.
Kwame 7 months ago

Then you will find more dollars in Cecilia Dapah's room

Then you will find more dollars in Cecilia Dapah's room
Roce Koran 7 months ago

Adongo, Pls stop this nonsense, if anything let BOG say it with explanations. NDC did this in 2014 and it backfired. BOG reversed it in 2016 and Bawuliar took credit for it. Politicians don't learn be true talk

Adongo, Pls stop this nonsense, if anything let BOG say it with explanations. NDC did this in 2014 and it backfired. BOG reversed it in 2016 and Bawuliar took credit for it. Politicians don't learn be true talk
Why the government use dollar rate to charge duties at Tema port 7 months ago

Why the government use dollar rate to charge duties at Tema port?
Why politicians keep their money in dollars?
Why politicians always seek medical treatment abroad?
Why politicians invest in abroad
Why politicians send t ...
read full comment

Why the government use dollar rate to charge duties at Tema port?
Why politicians keep their money in dollars?
Why politicians always seek medical treatment abroad?
Why politicians invest in abroad
Why politicians send their kids abroad to school
If leadership enjoy everything abroad what do you expect the society will not use abroad currency.
People must be wise don't follow these evil politicians you will be poor and useless in the system . They are liars and deceivers
AMARIYA 7 months ago

TIME TO OPEN FOREIGN ACCOUNTS IN LOME

Sometime ago, Lome was a place for some people to open and save foreign currency because it was difficult to obtain the same funds from A Ghana accounts. We would enrich the The Togole ...
read full comment

TIME TO OPEN FOREIGN ACCOUNTS IN LOME

Sometime ago, Lome was a place for some people to open and save foreign currency because it was difficult to obtain the same funds from A Ghana accounts. We would enrich the The Togolese again.
Kwadwo 7 months ago

Stop the nonsense. You don't speak for BOG, you are only a Board member

Stop the nonsense. You don't speak for BOG, you are only a Board member
Obi 7 months ago

You are telling us to keep our dollars at home instead of the bank. In the long run, who will suffer.? The star right

You are telling us to keep our dollars at home instead of the bank. In the long run, who will suffer.? The star right
Osei 7 months ago

You are out there floating in dollars, Sammy Gyamfi eating and sleeping in dollars, but you come out here to tell us not to use dollars, moy3 mmoa

You are out there floating in dollars, Sammy Gyamfi eating and sleeping in dollars, but you come out here to tell us not to use dollars, moy3 mmoa
Obuobisa 7 months ago

I strongly believe the president has a very good reason why he didn't appoint this guy to any ministerial position. He's a loose cannon.

I strongly believe the president has a very good reason why he didn't appoint this guy to any ministerial position. He's a loose cannon.
Jd 7 months ago

Well said

Well said
Jd 7 months ago

The value is the same

The value is the same
Abrefa 7 months ago

Adongo, you stuck your foot right inside your mouth. Don't try to angle for relevance as a BOG Board member.

Adongo, you stuck your foot right inside your mouth. Don't try to angle for relevance as a BOG Board member.
Sycamore 7 months ago

If i was hon. Adongo i would've slapped the hell outta that npp communicator calling himself a journalist Evans Mensah or simply just walk out. What's that is Evans a journalist or a propagandist?

If i was hon. Adongo i would've slapped the hell outta that npp communicator calling himself a journalist Evans Mensah or simply just walk out. What's that is Evans a journalist or a propagandist?
Kennedy and Brian? 7 months ago

You are a stupid finance man
Mahama did this before after the senkyi stupid economic dialogue
What was the result?
Do you want to cease our hard earned dollars and euros in our various bank accounts?

You are a stupid finance man
Mahama did this before after the senkyi stupid economic dialogue
What was the result?
Do you want to cease our hard earned dollars and euros in our various bank accounts?
Hannan 7 months ago

~~~~~ Hot girls are waiting for you on ~~ Fun4.top

~~~~~ Hot girls are waiting for you on ~~ Fun4.top
ODS-USA 7 months ago

Foolish talk saaaa, so what about if I decide not deposit my dollars or foreign currencies with any Ghanaian bank and keep them in my safe so that I can use it whenever I need it? It's my own money and I have every right to u ...
read full comment

Foolish talk saaaa, so what about if I decide not deposit my dollars or foreign currencies with any Ghanaian bank and keep them in my safe so that I can use it whenever I need it? It's my own money and I have every right to use it whenever I need it. These kind of foolish talks will soon drag the cedi on tenterhooks
Nana osei 7 months ago

Adongo,Are you reasoning?I gave you a cattle to keep for me. You agreed and said anytime I need my cattle you will give me.Now Adongo says instead of cattle I will give you goat

Adongo,Are you reasoning?I gave you a cattle to keep for me. You agreed and said anytime I need my cattle you will give me.Now Adongo says instead of cattle I will give you goat
Joshua 7 months ago

NONSENSE

NONSENSE
Okonengye Kingsley 7 months ago

A liar . Isack Adongo is not credible one beat.
Loot at his face.

A liar . Isack Adongo is not credible one beat.
Loot at his face.
Efo Kofi 7 months ago

Kwasiaa you talk by heart

Kwasiaa you talk by heart
Kpleke 7 months ago

Thank you very much Adongo. You've let us see the evil this gov was up to. We'd have woken up one day to this rude shock in the banks: the dollars you sent to them over the counter, you can't get it back over the counter.
A ...
read full comment

Thank you very much Adongo. You've let us see the evil this gov was up to. We'd have woken up one day to this rude shock in the banks: the dollars you sent to them over the counter, you can't get it back over the counter.
Adongo, God bless you for running your mouth. It's working for our good. Now we know the thoughts Matilda Asante's squad have for Gh. Asɛm bɛba dab.i
Zantona 7 months ago

Now BOG is doing fire fighting, claiming no such plan was on the offing. Now we know the 'apam' BOG was 'paamming'. Onyame ahu mo oooo. Your butt is exposed, mo to ada hɔ

Now BOG is doing fire fighting, claiming no such plan was on the offing. Now we know the 'apam' BOG was 'paamming'. Onyame ahu mo oooo. Your butt is exposed, mo to ada hɔ
Kwame 7 months ago

He spoke “by heart”. His actions caused a marginal gain by the dollar.
Government and BoG must sanction who to speak to the issue of the dollar before they start causing fear and panic.

He spoke “by heart”. His actions caused a marginal gain by the dollar.
Government and BoG must sanction who to speak to the issue of the dollar before they start causing fear and panic.
SAP 7 months ago

Adongo must be sick in his head to spue those nonsense. No normal human being will talk like he did. He possibly needs a psychiatrist. Maybe his inability to secure a ministerial appointment is making him crazy!
I think he ...
read full comment

Adongo must be sick in his head to spue those nonsense. No normal human being will talk like he did. He possibly needs a psychiatrist. Maybe his inability to secure a ministerial appointment is making him crazy!
I think he is just running his mouth!
Shameful 7 months ago

They are bringing back this stupid forex policy

They are bringing back this stupid forex policy

100 Comments

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

Dollar withdrawals over the counter suspended – Isaac Adongo reveals

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (100)

Read Comments Comments (100)