Audio By Carbonatix
The Bank of Ghana has announced it would soon introduce new 50 Cedis notes onto the market with a set of new features.
This the Central Bank says is to prevent fraudsters from producing counterfeits of the currency.
The announcement was made by the Governor of the Bank of Ghana Kwesi Amissah-Arthur on Monday when he met some journalists.
According to the Central Bank the new note will have a new set of features from the existing one but the colour would practically be the same.
The Governor said two people have been arrested by the Bureau of National Investigations (BNI) for attempting to produce counterfeit of the 50 Cedis notes.
Reports say some foreign companies are behind the syndicate.
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
-
“Ghana has moved from ICU to wellness center” — Finance Minister declares economic recovery
9 minutes -
Ato Forson highlights “turning point” in economic recovery strategy
13 minutes -
NACSA Seminar: Gender Minister demands an increased role for women to end gun violence
18 minutes -
Full text: Statement on Ghana’s new engagement with IMF
25 minutes -
US trade mission to visit Ghana
1 hour -
Tempane: Three suspects arrested over deadly Worinyanga attacksÂ
1 hour -
EU fines Temu €200m for allowing sale of illegal products
1 hour -
Portugal breaks hottest May day record as Europe swelters in heatwave
1 hour -
KetaFC celebrates “vindication” after Volta RFA Middle League controversy
1 hour -
Professor Joseph Ofori-Dankwa receives 2026 Lifetime Leadership Impact Award
1 hour -
United Pension Trustees advocates menstrual hygiene awareness and support for girls in Juaben
1 hour -
The age when the body starts ageing faster
1 hour -
Controversial Volta RFA verdict triggers calls for GFA intervention
1 hour -
AIMS Ghana, University of Waterloo lead push for stronger mathematics education at HTTMC 2026
1 hour -
NADMO dismisses claims residents were not warned before Weija Dam spillage
3 hours