No new denominations issued- Bank of Ghana

The Bank of Ghana (BoG) has stated categorically that it has not issued any new denomination notes as it’s been speculated on the social media.

“The Bank of Ghana has not issued and has no plans of issuing any new denominations of the Ghana Cedi,” this contained in statement issued by the bank and copied Daily Express.

“We categorically states that the stories circulating on social media to the effect that the Bank is issuing denominations of GH¢100.00 and GH¢200.00 are false,” the bank said.

However, the central bank said the denominations of the Ghana cedi which is in circulation are legal tender and remain the same.

The bank mentioned the current cedi notes as GHc50, GHc20, GHc10, GHc5, GHc2 and GHc1 and the cedi coins as GHc1, 50Gp, 20Gp, 10Gp, 5Gp, and 1Gp.

“Please note that the Bank of Ghana always precedes issuance of new denominations with intensive sensitization and public education,’ it assured the public.

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