The Governor of the Central Bank of Ghana, Dr Ernest Addison has explained the rationale behind government’s policy decision to introduce new Bank notes of Ghc100, Ghc200 and 2Ghc coin. Addressing a presser covered by MyNewsGH.com, the Governor said “twelve years after the redenomination exercise, sustained periods of high inflation …
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The Bank of Ghana on Friday November 29, 2019, introduced two new high denominations. They are the GH¢ 100 and GH¢ 200 Banknotes. The Central Bank also introduced a new GH¢ 2 coin. Why The New Notes? According to the Central Bank, high levels of inflation currency depreciation in the …
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The Bank of Ghana (BoG) will today begin the circulation of its enhanced GHc10, GHc20 and GHc50 notes. According to the Bank of Ghana, both the old and the new notes will be used concurrently until the old ones are phased out. New features on the new notes include a …
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