The Bank of Ghana (BoG) has debunked stories circulating on social media that it is going to issue GH¢30, GH¢100 and GH¢200 denominations to commemorate the bank’s  60th anniversary this year.

In statement issued in Accra today by Bernard Otabil, Director of Communications of the BoG, it categorically stated that the stories were false and should be disregarded.

It will be recalled that the same stories were circulated on social media in 2015. Moreover, the said address by the Second Deputy Governor to an investor community never mentioned any such issue and should therefore be disregarded.

All that was contained in the address was the following: “ . . . Finally, and on a lighter note, 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. As part of the celebrations, a new commemorative banknote in five-cedi (GH¢5) denominations will be unveiled.

This 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.

The climax of this celebration will take place in August 2017 which will mark exactly 60 years when Bank of Ghana opened its doors to the public. The program for the celebrations will be announced in due course”.

The BoG therefore wished to take this opportunity to assure the public, that the denominations of the Ghana Cedi in circulation remain the following: Notes: GH¢50, GH¢20, GH¢10,  GH¢5, GH¢2, and GH¢1.

Coins: GH¢1, 50Gp, 20Gp, 10Gp,  5Gp, and 1Gp.

African Eye Report