Dr Gideon Boako has warned that commercial banks in Ghana may soon begin rejecting certain foreign exchange deposits, citing concerns over recent policy decisions and broader systemic risks.
In a public statement on X, the Tano North MP advised individuals holding dollars to consider depositing them before potential restrictions take effect next month.
“Hear me clearly: starting next month, commercial banks may begin rejecting certain foreign exchange deposits,” he stated.
Dr Boako stressed that his comments were not intended to create panic but to caution the public about possible developments within the banking sector.
He linked the concerns to what he described as policy decisions by the ruling National Democratic Congress government.
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