[ 2014-02-10 ]

Action Church asks members to comply with BoG dollar directives
The Christian Action Faith Ministries has asked
its members to comply with the Central Bank's
recent directives towards shoring up the local
currency.

The Church yesterday told its congregation to stop
issuing dollar cheques for offertories, tithes and
other payments.

Senior Executive Pastor of the Prayer Cathedral,
Bishop Ebenezer Obodai announced to the
congregation that such cheques were likely not to
be honoured by the Banks.

He therefore urged the Church members to issue
only cedi cheques.

The Bank of Ghana gave the directive against
dollar cheques on February 4 as part of measures
to shore up the cedi against the dollar and other
major international currencies.

According to the statement, ‘no cheques or
cheque books shall be issued on Foreign Exchange
Accounts (FEA) and Foreign Currency Accounts (FCA)
with effect from Wednesday February 5, 2014’.

Source - Radio XYZ

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