Ghana limits dollar transactions to protect its currency Cedi

Ghana has defended its decision to limit foreign exchange withdrawals in a bid to halt the slide in its currency the cedi.

Foreign currency account holders have been limited to withdrawals of $10,000 (£6,000), which must be supported by evidence of an overseas trip.

The Cedi has fallen to a record low in recent days

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Central Bank governor Kofi Wampah has also raised interest rates to 18% to attract more investment.