Audio By Carbonatix
You should be on the lookout for the upgraded 50 cedi note later today in your transactions at the bank. This is because the Bank of Ghana is set to release the currency to commercial banks later today after an official launch this morning.
The bank note comes with some enhanced-security features prominent among them being the green cocoa pod spark which replaces the silver hologram patch on the right hand corner of the note.
Head of Issue Department at the Bank of Ghana Catherine Ashiley tells JOY-BUSINESS they are confident the enhanced security features will help check counterfeiting of the currency.
The note will bear the signature of Vice President Kwesi Amissah- Arthur. This is because the notes were printed in June when he was then the Governor of the Bank of Ghana.
JOY-BUSINESS has learnt the upgraded note will be in circulation with the old notes for a short while before it’s completely withdrawn.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
‘Football in Ghana is about blood and legacy’ – Antoine Semenyo’s mother urges diaspora parents
3 minutes -
QNET, Manchester City bring world-class football coaching to Ghana’s young talent
4 minutes -
Emma Ankrah: Between quiet questions and the will to continue
7 minutes -
Ghana’s economy shows strong recovery after “inherited crisis” – Ato Forson tells Parliament
9 minutes -
No further IMF financial bailout will be required in the foreseeable future – Finance Minister
10 minutes -
Learning from Ukraine, Hezbollah is now using fibre-optic drones to hit Israel
10 minutes -
Teenager arrested at Senya Beraku for alleged defilement of 15-year-old girl
10 minutes -
Ghana has moved from IMF ‘supplicant’ to partner – Ato Forson declares as economy surges past $100 Billion
12 minutes -
“Ghana has moved from ICU to wellness center” — Finance Minister declares economic recovery
34 minutes -
Ato Forson highlights “turning point” in economic recovery strategy
38 minutes -
NACSA Seminar: Gender Minister demands an increased role for women to end gun violence
43 minutes -
Full text: Statement on Ghana’s new engagement with IMF
50 minutes -
US trade mission to visit Ghana
1 hour -
Tempane: Three suspects arrested over deadly Worinyanga attacks
1 hour -
EU fines Temu €200m for allowing sale of illegal products
1 hour