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We’re not issuing GH¢30, GH¢100 and GH¢200 notes – BoG
Posted by admin on 26th January 2017

The Bank of Ghana has rubbished reports going viral on social media that it is issuing new denominations of GH¢30, GH¢100 and GH¢200 respectively.

In a statement Thursday, the Central Bank also called on the general public to disregard the reports stating that they are malicious.

“The attention of the Bank of Ghana has been drawn to stories circulating on social media to the effect that the Bank is issuing denominations of GH¢30, GH¢100 and GH¢200, and wishes to categorically state that the stories are false and should be dis- regarded,” the statement issued by the bank’s Communications Department read in parts.

Below is the full statement

BANK OF GHANA NOT ISSUING NEW DENOMINATIONS

The attention of the Bank of Ghana has been drawn to stories circulating on social media to the effect that the Bank is issuing denominations of GH¢30, GH¢100 and GH¢200, and wishes to categorically state that the stories are false and should be dis- regarded. It will be recalled that the same stories were circulated on social media in 2015.

Moreover, the said address by the Second Deputy Governor to an investor community never mentioned any such issue and should therefore be disregarded.

All that was contained in the address was the following:

“ . . . Finally, and on a lighter note, you will recall nearly a decade ago, when the Bank of Ghana celebrated its golden jubilee with currency exhibitions and road shows across the country. Once again, on the 4th of March 2017, we shall be celebrating the 60th Anniversary of Central Banking in Ghana. As part of the celebrations, a new commemorative banknote in five-cedi (GH¢5) denominations will be unveiled. This banknote will be legal tender as well as a collector’s item. The note will have new durable security features which can be easily identified by the public as well as introduce other internationally acceptable security features which are sensitive to touch to aid the blind and visually challenged in identifying the banknotes. The climax of this celebration will take place in August 2017 which will mark exactly 60 years when Bank of Ghana opened its doors to the public. The program for the celebrations will be announced in due course”.

The Bank wishes to take this opportunity to assure the public, that the denominations of the Ghana Cedi in circulation remain the following:

Notes:

GH¢50

GH¢20

GH¢10

GH¢5

GH¢2

GH¢1

Coins:

GH¢1

50Gp

20Gp

10Gp

5Gp

1Gp

End

Issued by: Communications Department

For further enquiries, please contact:

Bernard Otabil, Director of Communications.

Source:

Ghana/StarrFMonline.com/103.5FM