The Point Newspaper has reported that The Office of the President has warned against what it called the creation of an artificial shortage of foreign exchange, especially the US Dollar, by “speculators and unscrupulous businesses.”
The press release stated that the Office of the President reserves the right to close any business, Bureau de Change, Bank or any company that is bent on sabotaging the economy of The Gambia without any further notice.
Describing the trend as unacceptable and unjustifiable, the government also warned that very drastic action will be taken against any individual, or corporate body found culpable of the hoarding of and speculating in foreign exchange. Click to read the full text