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Government of Ghana talks about Ghc 100 and Ghc 200 currency notes

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Government of Ghana talks about Ghc 100 and Ghc 200 currency notes

The Governor of the Central Bank of Ghana, Dr. Ernest Addison has explained the rationale behind the government’s policy decision to introduce new Banknotes of Ghc100, Ghc200, and 2Ghc coin.

Addressing a presser covered, the Governor said “twelve years after the redenomination exercise, sustained periods of high inflation and the perennial depreciation of the currency have eroded, in real terms, the face value of the series of the notes” forced government to take the decision.

The Governor of the Central Bank of Ghana, Dr. Ernest Addison has explained the rationale behind the government’s policy decision to introduce new Banknotes of Ghc100, Ghc200, and 2Ghc coin.

Addressing a presser covered, the Governor said “twelve years after the redenomination exercise, sustained periods of high inflation and the perennial depreciation of the currency have eroded, in real terms, the face value of the series of the notes” forced government to take the decision.

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