Ghana issues two higher denominations
The Bank of Ghana has announced two new higher denominations of 100- and 200-cedis. The reason for the issuing of these higher denominations is rather simple: inflation. The new notes will complement the updated series of banknotes which was issued on 6 May 2019.
It will come as no surprise that 1- and 2-cedis banknotes will gradually be replaced by coins.
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