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
-
The Conscience of Leadership: A call to President Akufo-Addo on Ghana’s environmental devastation
14 mins -
Ghanaian youth unaware of their right to hold politicians accountable – Youth Bridge Foundation
1 hour -
Judge delays Trump sentencing for a third time
1 hour -
2024 WAFCON: Ghana drawn against defending champions South Africa in Group C
2 hours -
Photos from DW-JoyNews street debate on ‘galamsey’
3 hours -
Mimmy Yeboah: Blending heritage with global sophistication, confidence redefined through couture
3 hours -
100 Most Influential People Awards 2024: Brain Hill International School’s Director Mary Anane Awuku honoured
3 hours -
Akufo-Addo commissions 97-km Tema-Mpakadan railway line
3 hours -
Majority requests recall of Parliament
4 hours -
Kanzlsperger and Professor Quartey support WAFA with medical Donation
4 hours -
Gideon Boako donates 10 industrial sewing machines to Yamfo Technical Institute
4 hours -
‘Golden Boy’ Abdul Karim Razak honored at WAFU-B general assembly
4 hours -
Buipewura Jinapor secures Vice Presidential position in National House of Chiefs with record votes
4 hours -
2024 election: I want results to come out like ‘milk and honey’ – Toobu
4 hours -
Ghana’s Henry Bukari hands over chairmanship of ECOWAS Brown Card Council of Bureaux
4 hours