Foreign Exchange Bureaus in the Economy of Ghana
From 1983, Ghana embarked on an economic recovery programme (ERP), an important feature which was trade and foreign exchange liberalization. This called for a legalization of the black market into foreign exchange (forex) bureaus. This paper looks at the structure of this market, including the major players, the level of activity and availability of currency on the market. The paper also looks at the efficiency of the market.
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|Date of creation:||1996|
|Date of revision:|
|Contact details of provider:|| Postal: African Economic Research Consortum, P.O. Box 62882, Nairobi, Kenya|
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