Use formal channels to receive remittances during Easter, Ramadan seasons
The Universal Merchant Bank (UMB) had advised Ghanaians to use established remittance channels in receiving money from abroad during the holy seasons of Easter and Ramadan.
The Universal Merchant Bank (UMB) had advised Ghanaians to use established remittance channels in receiving money from abroad during the holy seasons of Easter and Ramadan.
The pressure on Ghana’s forex is expected to ease, with an expected $5 billion in remittances for 2023, following a $4.7 billion inflow of remittances in 2022.
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