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
-
Former King Faisal striker Kwame Peprah likely to leave Kerala Blasters
5 minutes -
Interior Minister raises alarm over surge in unregistered weapons
19 minutes -
Brighton’s Ibrahim Osman returns after Feyenoord loan spell
19 minutes -
Tottenham trio forced to wait for winner’s medal
22 minutes -
AMA decongestion exercise: It will only last for 7 months – former MP Ebenezer Nartey
49 minutes -
Tema fire: Chief Fire Officer joins firefighters to extinguish flames
1 hour -
NPC Ghana reassigns Isaac Tetteh as Media Officer and Administrator for Para-Sport development
1 hour -
Today’s Front pages: Thursday, May 22,2025
2 hours -
Ghana Stock Exchange records over 30% growth in 2025 Q1; best securities market in West Africa
2 hours -
Smirnoff in the Mix Vol. 2: A bold celebration of Ghana’s DJ Culture, Powered by Chichi DJ
2 hours -
Kasapreko to list equities on Ghana Stock Exchange
3 hours -
One arm, full heart: Two para athletes living beyond limbs
3 hours -
Edudzi Tameklo welcomes suspended CJ’s application for injunction; says it’s refreshing
3 hours -
Cedi stability partly due to NPP policies – Prof. Bokpin
3 hours -
April Producer Price Inflation drops to 18.5%
3 hours