Economy

BoG not issuing new denominations

The Bank of Ghana has denied rumours making the rounds on social media that it intends to introduce new currency denominations.

The bank, in a release copied to the B&FT, said it had not and has no plans of issuing any new denominations of the Ghana Cedi.

“The Bank of Ghana states categorically that stories circulating on social media to the effect that the bank is issuing denominations of GH¢30, GH¢100 and GH¢200 are false.

“Please note that the Bank of Ghana always precedes issuance of new denominations with intensive sensitisation and public education,” the statement read.

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Henry Cobblah

Henry Cobblah is a Tech Developer, Entrepreneur, and a Journalist. With over 15 Years of experience in the digital media industry, he writes for over 7 media agencies and shows up for TV and Radio discussions on Technology, Sports and Startup Discussions.

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