Ghana (& Other Countries) ..Currency Controls + Rate Hikes
Feb. 11, 2014 12:58 AM ET
alpha_zeta's Blog
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A-Z
Ghana ... also imposing currency controls b/c its currency plummeting ... a popular solution it seems ...Argentina, Venezuela, partially in Brazil, Ukraine (on the remittances requires conversion to UAH), Turkey,, etc etc
http://www.bloomberg.com/news/2014-02-06/ghana-raises-benchmark-interest-rate-to-18-to-bolster-currency.html
Ghana Lifts Key Rate to 18% Day After Curbing Currency Trade