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Home Top Stories

BoG To Issue New GHS5 Notes On March 4

January 19, 2017
in Top Stories
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The Second Deputy Governor of the Bank of Ghana, Dr. Johnson Asiama has disclosed that the Bank of Ghana(BoG) will unveil new banknote in five-cedi (GH¢5) denominations.

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According to him, the banknote will be legal tender as well as a collector’s item.

“The note will have new durable security features which can be easily identified by the public as well as introduce other internationally acceptable security features which are sensitive to touch to aid the blind and visually challenged in identifying the banknotes,” he assured at the 4th Edition of the AB& David Crystal Ball Africa 2017 in Accra.

Dr. Asiama explained that the decision to issue the new currency  is  climax the celebration of the central bank’s 60th anniversary which will take place in August 2017.

“you will recall nearly a decade ago, when the Bank of Ghana celebrated its golden jubilee with currency exhibitions and road shows across the country. Once again, on the 4th of March 2017, we shall be celebrating the 60th Anniversary of Central Banking in Ghana”, he said.

This is going to be the first time a new denomination will issued under the tenure of the governor,Dr. Abdul Nashiru Issahaku.

By this, it is expected that the note will bear the signature of Dr. Issahaku who may voluntarily leave his position upon a good negotiation with the the new Nana Akufo-Addo government.

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(Via: CitiFM Online Ghana)

Tags: Abdul-Nashiru Issahakuaccraafricabankbank of ghanaBanknoteCollectorDeputy GovernorghanaGhanaian cediGovernorJohnson AsiamaMahamudu BawumiaNana Akufo-AddoNana Akufo-Addo governmentNashiru IssahakuPaperPolitics of Ghanathe 60th Anniversary of Central Banking in Ghanathe central banks 60th anniversary

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