Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has told Finance to ensure that the FX Market is not destabilised by the drop in T-Bills.

In a post on his X page, he said the decline in T-bill rates must be engineered smoothly to avoid destabilising the FX market.

His comments come at a time when The Minister of Finance, Dr.

Cassiel Ato Forson, stated that the government was deliberately discouraging banks from over-relying on government securities to boost lending to the private sector.