Bank of Ghana begins circulation of upgraded and security-enhanced banknotes


The Head of Corporate Affairs at the Bank of Ghana, Esi Hammond recently explained that the exercise is in line with best practice.

She said, “What is done elsewhere, you find that at about seven years there about, countries would change their bank notes. For example, if all their technological systems are changing then it means that the way they print notes are even different, and so we cannot stay back,” adding that, “It might end up being more expensive for us to stay the way it’s been. As for counterfeit, every country suffers that one way or the other, the extent might differ from country to country.”


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