Audio By Carbonatix
The Bank of Ghana (BoG) says it has no intention of printing ¢500 denomination.
A new ¢500 cedi note with pictures of ex-Presidents and President Akufo-Addo has surfaced online suggesting that the central bank will introduce it soon.
The note resembles the ¢50 note in circulation.
But JoyBusiness sources at the Bank of Ghana has denied such reports.
The source said the bank has no plan of printing another higher denomination banknote.
Last year, the Bank of Ghana introduced the ¢100 and ¢200 denomination to facilitate large transactions.
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.
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 courts Canadian investors at 2026 Global Energy Summit
7 minutes -
AGI partners Danish industries to advance value chain sustainability
12 minutes -
Missing UCC student found dead as police launch investigations
14 minutes -
Aflao border plunged into darkness, exposing travellers to attacks – Union Secretary
18 minutes -
ECOWAS unites on minerals, industrialisation to power AfCFTA
24 minutes -
Oti House of Chiefs to unveil 7-member committee on Nkwanta South conflict
28 minutes -
Be advocates of modern parenting – Adaklu DCE
53 minutes -
Ketu North MCE advocates agricultural mechanisation to boost productivity
54 minutes -
The Thomas Partey Case: Presumption of innocence, sovereignty and the World Cup
59 minutes -
Parents urged not to give away children due to poverty
1 hour -
Konongo crash leaves multiple injured
1 hour -
Book Launch: Political Economy of Institutionalising Monitoring & Evaluation Practice in Africa
1 hour -
Residents protest destruction of sacred Dodowa Forest for interim market
1 hour -
New York Knicks win NBA championship for first time in over 50 years
2 hours -
Panic as body of 67-year-old woman is stolen from Adevukope cemetery
2 hours