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.
Latest Stories
-
‘Thank God for Mahama’ – Krontihene hails incoming leadership, criticises Akufo-Addo’s wastefulness
3 minutes -
‘Never again; chiefs won’t stand up for another Akufo-Addo’ – Krontihene of Akyem Asoum
15 minutes -
Monetisation endangers NPP’s future, urgent constitutional reform needed – Appiah Kubi
38 minutes -
MPs-elect with quashed results ineligible for swearing-In – Speaker
56 minutes -
UPSA defends swearing-in of new Vice-Chancellor amid legal dispute
9 hours -
GPL 2024/25: Samartex eye end to losing streak against Nations FC
10 hours -
CHAN 2024Q: Ghana’s Black Galaxies kicked out after Nigeria defeat
13 hours -
CHAN 2025: Ghana misses out after defeat to Nigeria
13 hours -
Speaker Bagbin honoured with citation for exceptional leadership
13 hours -
Photos: They came, they bonded and had fun at Joy FM’s Party in the Park
13 hours -
No shipper using a port in Ghana should pay for delays – GSA
13 hours -
Bongo Naba appeals to Ya Na, Yagbonwura, others to intervene in Bawku crisis
13 hours -
I fell in love with Ghana during 2010 World Cup – Jeremie Frimpong
14 hours -
Appoint ‘brutal’ OPK as Whip – Carlos Ahenkorah urges NPP leadership
15 hours -
Ablakwa questions alleged GH₵60m transfer to presidency for ‘special operations’
16 hours